Page 6 - Interglobe Aviation

Strong passenger traffic, improving yields support IndiGo's flight

However, rising crude oil prices could offset top line growth and impact margins

Stocks to Watch: Indigo, ONGC, PNB, Tata Power, RInfra, FMCG, Cement shares

Analysts expect under-performance by FMCG shares to continue

Stocks to Watch: IndiGo, Biocon, Pfizer, IEX, TFCI, SAIL, BHEL, Nalco

Indian Energy Exchange and Apollo Pipes have announced their respective record dates for the issuance of bonus shares for eligible shareholders

UBS Principal Capital Asia sells InterGlobe Aviation shares worth Rs 900 cr

UBS Principal Capital Asia Ltd on Friday sold shares of InterGlobe Aviation Ltd worth over Rs 900 crore, through open market transaction.

InterGlobe Aviation gains 6% on heavy volumes, stock nears record high

Till 10:34 AM, around 4.28 million equity shares representing 1.1 per cent of total equity of InterGlobe Aviation had changed hands on the BSE

Banks, IT drag Sensex 678 pts down, Nifty gives up 17,700; IRCTC falls 8%

The BSE Sensex has now shed 5 per cent (2,938 points) from its recent peak of 62,245. The Nifty has declined 3.8 per cent (677 points) in the last two weeks.

IndiGo parent posts wider quarterly loss as airline's fuel expenses soar

Fuel expenses in the quarter soared 207.8 per cent.

Sensex tanks 1,159pts on broad-based sell-off; Nifty ends below 17,900

Financials led by PSU banks, realty, metal and FMCG shares where the major losers in trade. All NSE sectoral indices ended with losses of more than a per cent

IndiGo Q2 preview: Loss to widen YoY on high crude oil prices, say analysts

Analysts expect losses for the industry to narrow sequentially supported by higher scale of operations

Air India disinvestment: Privatisation-bound BPCL, SCI can rally up to 15%

SpiceJet seems to be in a trading range, while Container Corporation of India is holding above its key support level

IndiGo's Rakesh Gangwal moves HC to enforce award of London arbitration

Sources said order had mandated relief in terms of shareholders' agreement, which gives greater control to co-promoter Rahul Bhatia and puts restrictions on transferring shares

Flaring crude oil price, entry of new players to hit IndiGo: Analysts

In the last one week alone, Brent crude oil prices have surged over 6 per cent to around $79 per barrel mark

Aviation shares in focus; IndiGo hits record high, SpiceJet soars 7%

InterGlobe Aviation, the parent firm of IndiGo airlines, hit a 52-week high at Rs 2,155 and has rallied 9 per cent on the BSE in intra-day trade on hopes of positive future prospects.

Indigo plans full capacity domestic flights by Dec, seeks to raise funds

CEO Ronojoy Dutta says airline's cash levels are 'pretty good' but it wanted an insurance buffer against a possible third wave of Covid-19.

Analysts see up to 34% upside in IndiGo stock despite Covid-19 headwind

Analysts believe IndiGo is well-placed to survive this tough phase

IndiGo Q1 net loss widens to Rs 3,174 crore; misses Street estimates

The budget carrier's revenue declined 51.6 per cent at Rs 3,006.9 crore during the quarter under study compared with revenue of Rs 6,223 crore clocked in the March quarter

IndiGo Q1 net loss widens to Rs 3,174 crore; misses Street estimates

The budget carrier's revenue declined 51.6 per cent at Rs 3,006.9 crore during the quarter under study compared with revenue of Rs 6,223 crore clocked in the March quarter

Sensex drops 274 pts, Nifty ends below 15,750; DRL sinks 10%, Axis Bank 3%

In the broader markets, mid-cap stocks faced a severe blow with the BSE MidCap index erasing 0.67 per cent.

Analysts see up to Rs 2,700 crore loss for IndiGo in June 2021 quarter

High oil prices and weaker rupee is likely to hit financial performance in Q1FY22

InterGlobe Aviation shareholders approve plan to raise Rs 3,000 crore

Shareholders of InterGlobe Aviation, parent of the country's largest airline IndiGo, have approved a proposal to raise up to Rs 3,000 crore