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InterGlobe Aviation

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.

Updated On: 05 Dec 2024 | 11:51 AM IST

t was the first time that domestic air passenger traffic crossed the 5,00,000 mark in a single day.

Updated On: 19 Nov 2024 | 2:11 PM IST

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

Updated On: 28 Oct 2024 | 1:22 PM IST

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

Updated On: 23 Oct 2024 | 12:37 PM IST

InterGlobe Aviation promoter Rakesh Gangwal and his family trust have reduced their stakes in the airline by selling a combined 5.83 per cent shareholding for about Rs 10,500 crore. A total of 2.25 crore shares or 5.83 per cent holding in InterGlobe Aviation were sold by Gangwal and Chinkerpoo Family Trust, whose trustees are Shobha Gangwal and JP Morgan Trust Company of Delaware. In two separate regulatory filings, Rakesh Gangwal sold 22.50 lakh shares of InterGlobe Aviation and the Chinkerpoo Family Trust disposed of more than 2.02 crore scrips of the airline. After the share sale, Gangwal's stake in InterGlobe Aviation has come down to 5.31 per cent from 5.89 per cent, while the Chinkerpoo Family Trust's stake has declined to 8.24 per cent from 13.49 per cent, the filing said. Also, the combined shareholding of Gangwal and Chinkerpoo Family Trust has reduced to 13.55 per cent from 19.38 per cent. On Thursday, Gangwal's family trust sold a 5.24 per cent stake in the airline for

Updated On: 30 Aug 2024 | 9:08 PM IST

IndiGo block deal news: A total of 25.73 million shares of InterGlobe Aviation have been traded so far on the bourses on the NSE and BSE

Updated On: 29 Aug 2024 | 9:31 AM IST

India is a very underpenetrated aviation market, which means a strong growth outlook

Updated On: 28 Aug 2024 | 11:08 PM IST

3.8 per cent stake for Rs 7.1k crore on sale via block deals: Sources

Updated On: 28 Aug 2024 | 9:06 PM IST

IndiGo share price today: Jefferies bull case pegs IndiGo's share price target price at Rs 5,800, suggesting a likely upside of 29.4 per cent from current levels

Updated On: 23 Aug 2024 | 1:19 PM IST

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

Updated On: 20 Aug 2024 | 2:09 PM IST

IndiGo airlines currently operates more than 2,000 flights daily, connecting around 120 destinations, including 33 international cities

Updated On: 05 Aug 2024 | 1:51 PM IST

IndiGo share price target: Brokerages have mixed rating on IndiGo stock with ICICI Securities maintaining 'Buy' (unchanged target price of Rs 5,265)

Updated On: 29 Jul 2024 | 10:51 PM IST

The airline's chief financial officer Gaurav Negi said that about 70 IndiGo planes are currently grounded

Updated On: 27 Jul 2024 | 12:00 AM IST

IndiGo reportedly received the intimation about the penalty from the US authority on 24 July, and is currently exploring the possibility of a waiver of the penalty

Updated On: 26 Jul 2024 | 10:28 AM IST

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

Updated On: 26 Jul 2024 | 7:00 AM IST

InterGlobe Aviation -- the parent company of no-frills carrier IndiGo -- on Friday said it will receive a "customised" compensation from aircraft engine maker Pratt & Whitney's affiliate firm International Aero Engine (IAE) for grounded aircraft. "On June 14, 2024, InterGlobe Aviation Ltd finalized an amendment to the existing agreement with International Aero Engines, LLC, an affiliate of Pratt & Whitney pursuant to which IAE will provide IndiGo with a customized compensation in relation to the ongoing situation of aircraft on ground due to unavailability of engines," InterGlobe Aviation said in a regulatory filing. The company, however, did not give the amount of compensation. A good number of IndiGo aircraft are grounded amid supply chain and engine issues. In February, the airline had said the number of aircraft on ground was in the mid-70s. The Gurugram-based budget carrier airline is the only profit-making domestic carrier. It reported more than doubling of profit after .

Updated On: 14 Jun 2024 | 9:27 PM IST

IndiGo block deal: Reports suggest Rahul Bhatia-led InterGlobe Enterprises was the likely seller of its 2 per cent stake

Updated On: 11 Jun 2024 | 12:35 PM IST

Stocks to Watch today: Rahul Bhatia's promoter entity, InterGlobe Enterprises, is expected to off load around 2 per cent stake in IndiGo Airlines through a block deal on Tuesday

Updated On: 11 Jun 2024 | 8:09 AM IST

The airline has added more domestic routes, totalling 400 across 88 destinations and added more international routes, totalling 100 across 33 international destinations

Updated On: 24 May 2024 | 11:29 PM IST

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

Updated On: 24 May 2024 | 11:06 AM IST