IndiGo Shares

Lupin stock has broken out of a triple bottom pattern on the daily chart. It has also crossed above its key moving average suggesting bullish sentiment

The rally in IndiGo's share price followed a rating upgrade from domestic brokerage Elara Capital. The brokerage upgraded the stock to 'Buy' from 'Sell' and raised the target price to Rs 5,309

Technically, IndiGo stock seems to be facing resistance around its 100-DMA on the daily chart; however, the short- and the long-term trend seems favourable for the stock.

Analysts have cut IndiGo share price target for 2025 after the InterGlobe Aviation-owned airline reported a deep net loss of Rs 987 crore in Q2 FY25

IndiGo share price: Analysts, however, are divided on IndiGo's earnings for the quarter amid likely hit on volumes due to Delhi Airport roof collapse case and marginally higher fuel prices

Kotak Institutional Equities has a 'Buy' rating on the stock with a target price of Rs 5,400, suggesting 28 per cent upside from current levels

IndiGo Q1FY25 result preview: : InterGlobe Aviation-owned IndiGo Airlines may report lower profit on yearly basis due to high base of last year and low air traffic amid Delhi T1 roof collapse crisis

UBS in a note on the company said that it expects Indigo's market share gains in international travel to continue, further aided by A321 XLRs and A350s in the medium to long term

Passengers of a San Francisco-bound Air India flight from the city had a tough time on Friday as they had to wait inside the aircraft for more than five hours. The flight was later rescheduled for Saturday. An airline official said the Boeing 777 plane, which was scheduled to take off at 1600 hours, was first delayed due to a technical glitch, then some passengers deboarded and subsequently, another passenger fell ill. After deboarding the passenger who started feeling unwell at around 1917 hours, it was noticed that by the time the flight AI 179 would have reached San Francisco, there would be night-landing restrictions and also, the crew would have crossed the flight-duty limitations. The official said the flight has been rescheduled for Saturday and would take off at 1030 hours. The number of passengers onboard the aircraft could not be immediately ascertained. According to the official, AI 179 from Mumbai to San Francisco, scheduled to depart at 1600 hours, was delayed due to

IndiGo share price: IndiGo has announced a plan to launch a tailor-made business product for India's busiest and business routes

The boost came after the company's announcement of venturing into the wide-body space with an order placement for 30 Firm A350-900 aircraft

In December 2023, IndiGo airline surpassed United to become the sixth largest airline in the world

Zee Entertainment is seen trading below its key moving averages on the daily scale following today's sharp intra-day fall of over 13 per cent, shows chart.

They, however, suggest staying mindful of supply chain issues, and P&W engine snags

Stocks to watch on Wednesday, November 08, 2023: Reliance lines-up biggest-ever bond sale worth Rs 24,000 crore; Apollo Tyres, Dilip Buildcon post bumper profit in Q2, stocks likely to react today.

IndiGo shares were up 0.9% in afternoon trading on Friday

IndiGo Q1 preview: Besides these two factors, analysts believe, strong passenger traffic growth, coupled with high airfares, would also support the Q1FY24 earnings

Before this, Tata Group-owned Air India had placed an order for 470 aircraft

Stocks to watch on June 16, 2023: IKIO Lighting to debut today; BHEL, Delta Corp, Indiabulls Housing Fin, IEX, India Cements, L&T Housing Fin, Manappuram Fin, Tata Chem and Zee in F&O ban period.

Reports suggest that a parliamentary panel has summoned private airlines to discuss rising airfares