Aviation Stocks
SpiceJet stock jumps 9% on plans to induct 10 planes by November-end
The airline has already signed agreements for the leased aircraft, with the full induction of all the seven planes expected by November 15.
 "SpiceJet stock jumps 9% on plans to induct 10 planes by November-end")
Airline stocks IndiGo, SpiceJet gain after govt slashes ATF rates
Shares of listed airlines IndiGo and SpiceJet gained up to 5.4 per cent after the central government cut air turbine fuel (ATF) rates
 "Airline stocks IndiGo, SpiceJet gain after govt slashes ATF rates")
SpiceJet soars 10% as company successfully raises Rs 3,000 crore via QIP
SpiceJet's board approved the issue and allotment of 48,70,12,986 equity shares to eligible qualified institutional buyers
 "SpiceJet soars 10% as company successfully raises Rs 3,000 crore via QIP")
SpiceJet rallies 15% in 2 days, hits over 7-month high on heavy volumes
SpiceJet moved the Supreme Court against the Delhi High Court order that directed the grounding and return of three engines leased from Team France 01 SAS and Sunbird France 02 SAS.
IndiGo, Ceat: Which stocks are on analysts' radar as oil falls below $70?
Brent crude price today: Analysts prefer aviation and tyre stocks among the lot, but remain cautious on paints and oil marketing companies
 "IndiGo, Ceat: Which stocks are on analysts' radar as oil falls below $70?")
IndiGo soars 9% in 2 days, hits record high on Jefferies' 'Buy' upgrade
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
 "IndiGo soars 9% in 2 days, hits record high on Jefferies' 'Buy' upgrade")
IndiGo world's third largest airline by mcap as shares hit record high
In December 2023, IndiGo airline surpassed United to become the sixth largest airline in the world
 "IndiGo world's third largest airline by mcap as shares hit record high")
IndiGo co-founder Gangwal to sell airline's shares worth $450 mn: Report
The floor price for the block deal has been set at 2,925 rupees per share, the report said, which is a 5.8% discount to Interglobe's closing price on Thursday
 "IndiGo co-founder Gangwal to sell airline's shares worth $450 mn: Report")
Analysts bet on IndiGo, SpiceJet on sustained pax growth, low oil prices
They, however, suggest staying mindful of supply chain issues, and P&W engine snags
 "Analysts bet on IndiGo, SpiceJet on sustained pax growth, low oil prices")
SpiceJet hits 52-week high on heavy volumes; stocks surges 27% in 3 days
The average trading volumes at the counter jumped four-fold today, with 21.24 million equity shares changing hands on the BSE till 12:23 PM.
 "SpiceJet hits 52-week high on heavy volumes; stocks surges 27% in 3 days")
Aviation stocks may lose altitude over ATF prices, traffic seasonality
International routes and supply shortages are, however, positive for IndiGo
 "Aviation stocks may lose altitude over ATF prices, traffic seasonality")
SpiceJet flies 13% as it clocks net profit of Rs 205 crore in Q1FY24
The company registered net profit at Rs 205 crore in the June ended quarter (Q1FY24), as against net loss of Rs 789 crore, in the year-ago period.
 "SpiceJet flies 13% as it clocks net profit of Rs 205 crore in Q1FY24")
TMS Ep425: Go First, M&M EV, aviation stocks, confidential IPO filing
What does Go First's demise mean for flyers? Can M&M catch up with Tata Motors in EV space? Will IndiGo, SpiceJet fly high as Go First goes off radar? What is confidential IPO filing? Answers here
 "TMS Ep425: Go First, M&M EV, aviation stocks, confidential IPO filing")
Sensex snaps 8-day winning run, ends 161 pts lower ahead of Fed outcome
Stock market live: Overnight in the US, banking shares declined as investors fret over the stability of small regional banks. The Dow Jones and Nasdaq fell 1.08% each while the S&P 500 shed 1.16%
 "Sensex snaps 8-day winning run, ends 161 pts lower ahead of Fed outcome")
Go First bankruptcy: IndiGo, SpiceJet good momentum plays, say analysts
Apart from IndiGo, Tata group-owned Air India, could be the second key beneficiary given its strong fleet and balance-sheet strength
 "Go First bankruptcy: IndiGo, SpiceJet good momentum plays, say analysts")
Wadia Group not exiting; some people have shown interest in Go First: CEO
On Tuesday, Go First filed for bankruptcy with the National Company Law Tribunal, blaming Pratt & Whitney engines for the grounding of about half its fleet
 "Wadia Group not exiting; some people have shown interest in Go First: CEO")
Stocks to Watch Today: Airline, Tata Steel, PSB, Airtel, Sugar, Max Health
Stocks to Watch: Shares of aviation firms, such as IndiGo, SpiceJet, Jet Airways, are likely to be in focus on May 03 after Go First filed for insolvency proceeding on Tuesday.
 "Stocks to Watch Today: Airline, Tata Steel, PSB, Airtel, Sugar, Max Health")
TMSEp376: IT hiring, Ukraine war impact, aviation stocks, carbon border tax
Is the IT dream turning sour for Indian youth? How has one year of Ukraine war affected India? Will record aircraft deals add wings to aviation stocks? What is carbon border tax? All answers here
 "TMSEp376: IT hiring, Ukraine war impact, aviation stocks, carbon border tax")
IndiGo Q2 loss widens by 10% due to rupee depreciation, high fuel prices
The company is confident that it will return to operational profitability in Q3
 "IndiGo Q2 loss widens by 10% due to rupee depreciation, high fuel prices")
InterGlobe Aviation dips 5% on news of partial stake sale by Rakesh Gangwal
Till 09:26 am; around 19.67 million equity shares, representing 5.1 per cent of the airline's total equity, changed hands on the NSE and BSE.
 "InterGlobe Aviation dips 5% on news of partial stake sale by Rakesh Gangwal")
