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IndiGo`s board grants approval for incorporation of wholly-owned subsidiary The board of InterGlobe Aviation Ltd, the parent company of private airline IndiGo, on Monday granted approval for incorporation of a wholly-owned subsidiary of the company. “The primary focus will be investing in early-stage companies operating in aviation and related consumer sectors, such as travel, lifestyle, hospitality, and transportation,” said an airline official. The company officially announced in a filing to the stock exchanges that its Board of Directors has give...
IndiGo`s board grants approval for incorporation of wholly-owned subsidiary
IndiGo`s board grants approval for incorporation of wholly-owned subsidiary
Source: IANS
5/09/2023 9:39:08 AM
IndiGo flies high on commencing non-stop daily flights between Bengaluru-Shivamogga Interglobe Aviation is currently trading at Rs. 2436.25, up by 3.00 points or 0.12% from its previous closing of Rs. 2433.25 on the BSE. The scrip opened at Rs. 2415.05 and has touched a high and low of Rs. 2445.05 and Rs. 2402.50 respectively. So far 11068 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2745.95 on 13-Jul-2023 and a 52 week low of Rs. 1676.00 on 09-Nov-2022. Last one week high and low of the sc...
IndiGo flies high on commencing non-stop daily flights between Bengaluru-Shivamogga
IndiGo flies high on commencing non-stop daily flights between Bengaluru-Shivamogga
Source: Accord Fintech
1/09/2023 3:30:55 PM
InterGlobe Foundation announces Heritage Fellowships 2023 InterGlobe Foundation, the philanthropic arm of InterGlobe Enterprises, today announced the launch of InterGlobe Heritage Fellowships 2023. The fellowships are an extension of InterGlobe Foundation’s efforts to raise awareness, preserve, and promote India’s diverse tangible and intangible heritage. Through these, the Foundation aims to encourage and support the documentation and research of India's built, natural, and cultural heritage. ...
InterGlobe Foundation announces Heritage Fellowships 2023
InterGlobe Foundation announces Heritage Fellowships 2023
Source: PR Agency
24/08/2023 4:59:04 PM
IndiGo flies high on adding Khajuraho as 80th domestic destination in 6E network Interglobe Aviation is currently trading at Rs. 2496.75, up by 25.55 points or 1.03% from its previous closing of Rs. 2471.20 on the BSE. The scrip opened at Rs. 2479.05 and has touched a high and low of Rs. 2505.00 and Rs. 2479.05 respectively. So far 10141 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2745.95 on 13-Jul-2023 and a 52 week low of Rs. 1676.00 on 09-Nov-2022. Last one week high and low of the s...
IndiGo flies high on adding Khajuraho as 80th domestic destination in 6E network
IndiGo flies high on adding Khajuraho as 80th domestic destination in 6E network
Source: Accord Fintech
23/08/2023 1:41:37 PM
IndiGo flies high on adding Jaisalmer as 81st domestic destination in 6E network Interglobe Aviation is currently trading at Rs. 2469.90, up by 21.45 points or 0.88% from its previous closing of Rs. 2448.45 on the BSE. The scrip opened at Rs. 2440.15 and has touched a high and low of Rs. 2471.80 and Rs. 2437.05 respectively. So far 8234 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2745.95 on 13-Jul-2023 and a 52 week low of Rs. 1676.00 on 09-Nov-2022. Last one week high and low of the sc...
IndiGo flies high on adding Jaisalmer as 81st domestic destination in 6E network
IndiGo flies high on adding Jaisalmer as 81st domestic destination in 6E network
Source: Accord Fintech
22/08/2023 3:19:58 PM
Neutral InterGlobe Aviation Ltd For Target Rs 2,630 - Motilal Oswal Financial Services Ltd * IndiGo reported a PAT of INR30.9b, higher than our expectation, on account of an increased scale and efficiency in operations, lower fuel costs and favorable forex. Revenue passenger kilometers (RPK) came in at 29b. Passenger load factor (PLF) was higher at 88.7%, with available seat kilometers (ASK) at 32.7b (est. 31.5b) and yield at INR5.2 (est. INR4.3). * Capacity guidance of achieving mid-teens growth in FY24 remains intact as the airline targets to service 100m customers in FY24. Ma...
Neutral InterGlobe Aviation Ltd For Target Rs 2,630 - Motilal Oswal Financial Services Ltd
Neutral InterGlobe Aviation Ltd For Target Rs 2,630 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
3/08/2023 2:13:42 PM
Interglobe Aviation Q1 net at Rs 3,087 crore, to invest in startups  Interglobe Aviation Ltd, that owns Indigo Airlines, on Wednesday announced that it will be floating a Limited Liability Partnership to invest in startups. The company also said it closed the first quarter of 2023-24 with a net profit of Rs 3,087.2 crore. In a regulatory filing, the company said the proposed Limited Liability Partnership will invest in startups operating in aviation, consumer and allied sectors such as travel & lifestyle, hospitality, and transportation and&nbs...
Interglobe Aviation Q1 net at Rs 3,087 crore, to invest in startups
Interglobe Aviation Q1 net at Rs 3,087 crore, to invest in startups
Source: Reuters
3/08/2023 9:34:55 AM
India`s IndiGo posts record quarterly profit on strong demand, lower fuel prices IndiGo operator Interglobe Aviation Ltd reported a record quarterly profit on Wednesday on strong demand for air travel and a fall in jet fuel prices. India's biggest airline by market share posted a profit of 30.87 billion rupees ($373.87 million) for the three months to June 30, compared with a loss of 10.65 billion rupees a year earlier. Revenue from operations jumped nearly 30% to 166.83 billion rupees. The low-cost carrier's cost of available seats per kilometre fell 17....
India`s IndiGo posts record quarterly profit on strong demand, lower fuel prices
India`s IndiGo posts record quarterly profit on strong demand, lower fuel prices
Source: Reuters
2/08/2023 5:16:49 PM
IndiGo says working with Pratt & Whitney after latest engine inspection InterGlobe Aviation, which owns India's top airline IndiGo, said on Wednesday that it is working with Pratt & Whitney to assess the impact on the company's fleet after the engine maker's latest inspection of its engines.
IndiGo says working with Pratt & Whitney after latest engine inspection
IndiGo says working with Pratt & Whitney after latest engine inspection
Source: Reuters
26/07/2023 2:42:59 PM
IndiGo flies high on introducing new daily direct flights between Hyderabad - Singapore Interglobe Aviation is currently trading at Rs. 2722.55, up by 22.70 points or 0.84% from its previous closing of Rs. 2699.85 on the BSE. The scrip opened at Rs. 2719.90 and has touched a high and low of Rs. 2724.70 and Rs. 2685.75 respectively. So far 4425 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2745.95 on 13-Jul-2023 and a 52 week low of Rs. 1676.00 on 09-Nov-2022. Last one week high and low of the sc...
IndiGo flies high on introducing new daily direct flights between Hyderabad - Singapore
IndiGo flies high on introducing new daily direct flights between Hyderabad - Singapore
Source: Accord Fintech
20/07/2023 1:27:09 PM
InterGlobe Aviation rises on introducing connectivity between Lucknow and Varanasi Interglobe Aviation is currently trading at Rs. 2682.65, up by 30.15 points or 1.14% from its previous closing of Rs. 2652.50 on the BSE. The scrip opened at Rs. 2653.05 and has touched a high and low of Rs. 2686.00 and Rs. 2653.05 respectively. So far 3368 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2745.95 on 13-Jul-2023 and a 52 week low of Rs. 1676.00 on 09-Nov-2022. Last one week high and low of the sc...
InterGlobe Aviation rises on introducing connectivity between Lucknow and Varanasi
InterGlobe Aviation rises on introducing connectivity between Lucknow and Varanasi
Source: Accord Fintech
19/07/2023 12:24:28 PM
IndiGo flies high on adding three new routes to and from Pune Interglobe Aviation is currently trading at Rs. 2680.00, up by 49.95 points or 1.90% from its previous closing of Rs. 2630.05 on the BSE. The scrip opened at Rs. 2639.85 and has touched a high and low of Rs. 2693.05 and Rs. 2625.15 respectively. So far 12534 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2724.95 on 07-Jul-2023 and a 52 week low of Rs. 1644.50 on 08-Jul-2022. Last one week high and low of the s...
IndiGo flies high on adding three new routes to and from Pune
IndiGo flies high on adding three new routes to and from Pune
Source: Accord Fintech
10/07/2023 12:45:37 PM
IndiGo flies high on unveiling new connections between Delhi and Baku Interglobe Aviation is currently trading at Rs. 2702.00, up by 43.60 points or 1.64% from its previous closing of Rs. 2658.40 on the BSE. The scrip opened at Rs. 2650.00 and has touched a high and low of Rs. 2705.90 and Rs. 2648.75 respectively. So far 15732 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2705.90 on 06-Jul-2023 and a 52 week low of Rs. 1624.00 on 06-Jul-2022. Last one week high and low of the s...
IndiGo flies high on unveiling new connections between Delhi and Baku
IndiGo flies high on unveiling new connections between Delhi and Baku
Source: Accord Fintech
6/07/2023 3:26:00 PM
IndiGo flies high on launching Mumbai-Jakarta direct flights Interglobe Aviation is currently trading at Rs. 2651.65, up by 24.80 points or 0.94% from its previous closing of Rs. 2626.85 on the BSE. The scrip opened at Rs. 2620.05 and has touched a high and low of Rs. 2661.00 and Rs. 2614.00 respectively. So far 11870 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2,661.00 on 3-July-2023 and a 52 week low of Rs. 1588.95 on 04-Jul-2022. Last one week high and low of the ...
IndiGo flies high on launching Mumbai-Jakarta direct flights
IndiGo flies high on launching Mumbai-Jakarta direct flights
Source: Accord Fintech
3/07/2023 12:43:07 PM
IndiGo rises on launching direct connectivity between Hyderabad, Ras Al Khaimah Interglobe Aviation is currently trading at Rs. 2645.05, up by 25.20 points or 0.96% from its previous closing of Rs. 2619.85 on the BSE. The scrip opened at Rs. 2638.00 and has touched a high and low of Rs. 2656.95 and Rs. 2610.50 respectively. So far 12401 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2656.95 on 30-Jun-2023 and a 52 week low of Rs. 1588.95 on 04-Jul-2022. Last one week high and low of the s...
IndiGo rises on launching direct connectivity between Hyderabad, Ras Al Khaimah
IndiGo rises on launching direct connectivity between Hyderabad, Ras Al Khaimah
Source: Accord Fintech
30/06/2023 11:54:45 AM
Buy InterGlobe Aviation Ltd For Target Rs3,000 - ICICI Securities Repeat order underlines consistency in business strategy   InterGlobe Aviation’s (IndiGo) fleet management has been its absolute bedrock in building a successful cost-efficient airline operation. This has been further strengthened by IndiGo’s latest order of 500 Airbus A320 family aircraft placed in June’23. The key elements of IndiGo’s successful fleet strategy are: (1) Ordering well in advance to ensure continuous increase in capacity along with benefits o...
Buy InterGlobe Aviation Ltd For Target Rs3,000 - ICICI Securities
Buy InterGlobe Aviation Ltd For Target Rs3,000 - ICICI Securities
Source: ICICI Securities Ltd
26/06/2023 12:57:50 PM
IndiGo flies high on getting DGCA`s nod to operate new international flights Interglobe Aviation is currently trading at Rs. 2456.95, up by 18.60 points or 0.76% from its previous closing of Rs. 2438.35 on the BSE. The scrip opened at Rs. 2450.00 and has touched a high and low of Rs. 2462.00 and Rs. 2431.25 respectively. So far 11032 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2499.95 on 20-Jun-2023 and a 52 week low of Rs. 1559.75 on 21-Jun-2022. Last one week high and low of the s...
IndiGo flies high on getting DGCA`s nod to operate new international flights
IndiGo flies high on getting DGCA`s nod to operate new international flights
Source: Accord Fintech
21/06/2023 2:00:54 PM
IndiGo rides high on aiming to carry 100 million passengers in FY24 nterglobe Aviation is currently trading at Rs. 2408.95, up by 6.25 points or 0.26% from its previous closing of Rs. 2402.70 on the BSE. The scrip opened at Rs. 2405.05 and has touched a high and low of Rs. 2409.00 and Rs. 2383.00 respectively. So far 4645 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2418.95 on 05-Jun-2023 and a 52 week low of Rs. 1513.30 on 20-Jun-2022. Last one week high and low of the scri...
IndiGo rides high on aiming to carry 100 million passengers in FY24
IndiGo rides high on aiming to carry 100 million passengers in FY24
Source: Accord Fintech
6/06/2023 2:59:59 PM
IndiGo rises on planning to start flights to six destinations in Africa, Central Asia Interglobe Aviation is currently trading at Rs. 2399.45, up by 12.75 points or 0.53% from its previous closing of Rs. 2386.70 on the BSE. The scrip opened at Rs. 2390.00 and has touched a high and low of Rs. 2407.30 and Rs. 2377.80 respectively. So far 11538 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2412.00 on 30-May-2023 and a 52 week low of Rs. 1513.30 on 20-Jun-2022. Last one week high and low of the s...
IndiGo rises on planning to start flights to six destinations in Africa, Central Asia
IndiGo rises on planning to start flights to six destinations in Africa, Central Asia
Source: Accord Fintech
5/06/2023 12:23:49 PM
Buy InterGlobe Aviation Ltd For Target Rs 2, 700 - Emkay Global Financial Services Ltd Indigo reported consecutive quarters of profit in Q4FY23 and performed well on unit metrics and pax, while PBT of Rs9.2bn missed our est. by 22%. It was the 3% higher-than-expected ASK at 30.4bn that led to increased absolute expenses and lower RASK (3% miss). Pax volume rose 5% QoQ, despite Q4 being a lean quarter, while yields at Rs4.85 reported a 3% beat. Mgmt. has maintained its key FY24 guidance, with AOGs continuing in the 35-40 range. However, we believe targets would be beaten, given ...
Buy InterGlobe Aviation Ltd For Target Rs 2, 700 - Emkay Global Financial Services Ltd
Buy InterGlobe Aviation Ltd For Target Rs 2, 700 - Emkay Global Financial Services Ltd
Source: Emkay Global Financial Services Ltd
24/05/2023 11:59:36 AM
Three of the four listed aviation stocks struggling for a lift-off Even though many Indian airline brands are taking to the skies, only three passenger airlines -- InterGlobe Aviation Ltd (brand Indigo), SpiceJet, Jet Airways -- and one helicopter service company, Global Vectra Helicorp Ltd, are listed on the bourses. Among the listed as well as the unlisted ones, InterGlobe Aviation is the market leader with 55.7 per cent market share and SpiceJet has 6.9 per cent, as per the figures released by the Ministry of Civil Aviation for the period January-Ma...
Three of the four listed aviation stocks struggling for a lift-off
Three of the four listed aviation stocks struggling for a lift-off
Source: IANS
21/05/2023 1:07:47 PM
Neutral InterGlobe Aviation Ltd For Target Rs 2, 135 - Motilal Oswal Financial Services * INDIGO reported a PAT of INR9.2b, lower than our expectation, on account of higher-than-expected fuel and employee costs. Revenue passenger kilometers (RPK) came in at 25.6b. Passenger load factor (PLF) was higher at 84.2%, with available seat kilometers (ASK) of 30.4b (est. 29.6b) and the yield at INR4.9 (est. INR5.4) in 4QFY23. * The yield was lower QoQ due to seasonality, while capacity growth stood at 19% in FY23 as the company targets growth in the mid-teens range in FY24. The manag...
Neutral InterGlobe Aviation Ltd For Target Rs 2, 135 - Motilal Oswal Financial Services
Neutral InterGlobe Aviation Ltd For Target Rs 2, 135 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
21/05/2023 11:12:58 AM
IndiGo inches up on operating 11 special flights from Imphal between May 6-9 Interglobe Aviation is currently trading at Rs. 2215.00, up by 6.85 points or 0.31% from its previous closing of Rs. 2208.15 on the BSE. The scrip opened at Rs. 2215.00 and has touched a high and low of Rs. 2222.00 and Rs. 2204.00 respectively. So far 2049 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2235.95 on 03-May-2023 and a 52 week low of Rs. 1513.30 on 20-Jun-2022. Last one week high and low of the scr...
IndiGo inches up on operating 11 special flights from Imphal between May 6-9
IndiGo inches up on operating 11 special flights from Imphal between May 6-9
Source: Accord Fintech
10/05/2023 9:58:25 AM
Buy InterGlobe Aviation Ltd For Target Rs1, 912 - ICICI Securities Expect steady Q4; business momentum remains strong We expect IndiGo to register Rs3bn/Rs23bn PBT (ex-forex impact) in Q4FY23/FY23. Profits are highly sensitive to yields which is the key upside/downside risk to our estimates. However, IndiGo remains well placed to benefit from strong systemic demand and its leading competitive positioning. IndiGo remains focused on growth (>15% ASK growth in FY24, doubling the fleet by 2030) and internationalisation (increase ASK mix to 30% ov...
Buy InterGlobe Aviation Ltd For Target Rs1, 912 - ICICI Securities
Buy InterGlobe Aviation Ltd For Target Rs1, 912 - ICICI Securities
Source: ICICI Securities
12/04/2023 12:46:17 PM
Buy InterGlobe Aviation Ltd For Target Rs 2,415 - ICICI Securities Expect steady Q4; business momentum remains strong We expect IndiGo to register Rs3bn/Rs23bn PBT (ex-forex impact) in Q4FY23/FY23. Profits are highly sensitive to yields which is the key upside/downside risk to our estimates. However, IndiGo remains well placed to benefit from strong systemic demand and its leading competitive positioning. IndiGo remains focused on growth (>15% ASK growth in FY24, doubling the fleet by 2030) and internationalisation (increase ASK mix to 30% over next tw...
Buy InterGlobe Aviation Ltd For Target Rs 2,415 - ICICI Securities
Buy InterGlobe Aviation Ltd For Target Rs 2,415 - ICICI Securities
Source: ICICI Securities
11/04/2023 12:03:53 PM
Buy InterGlobe Aviation Ltd For Target Rs1, 909 - ICICI Securities We attended InterGlobe Aviation’s (IndiGo) analyst meet held at its iFly Training Centre (Gurugram) on 23rd Mar’23. The airline remains focused on growth (>15% ASK growth in FY24, doubling the fleet by 2030) and internationalisation (increase ASK mix to 30% over next two years from 23% in 9MFY23). These goals are intended to be achieved within the already existing business framework (low cost, hassle-free service, on-time operations with uniform fleet). Q3FY23 was an inflectio...
Buy InterGlobe Aviation Ltd For Target Rs1, 909 - ICICI Securities
Buy InterGlobe Aviation Ltd For Target Rs1, 909 - ICICI Securities
Source: ICICI Securities
7/04/2023 2:30:57 PM
Buy InterGlobe Aviation Ltd For Target Rs2,600 - Emkay Global Financial Services India’s air passenger traffic growth continues to be resilient with Q4FY23 showing strong numbers despite being a seasonally lean quarter. Domestic pax in FY23 would be ~136mn, slightly above our earlier estimate of 135mn; while going by Mar-23 run-rate, FY24 could easily hit our 165mn estimate with a high chance of bettering it. Against our 15% medium-term pax CAGR, net fleet addition (despite Air India’s mega order) should be 10-11%, thereby keeping theoretical supply lower than...
Buy InterGlobe Aviation Ltd For Target Rs2,600 - Emkay Global Financial Services
Buy InterGlobe Aviation Ltd For Target Rs2,600 - Emkay Global Financial Services
Source: Emkay Global Financial Services
29/03/2023 12:34:25 PM
Neutral InterGlobe Aviation Ltd For Target Rs2,110 - Motilal Oswal On the high road! We attended IndiGo’s analyst meet at its iFly training center in Gurugram on 23rd March, 2023. Below are the key highlights from the meeting: * Management boasts of one of the highest fleet utilization rates in the world and expects it to further improve over the next couple of years. * Over the past six years, the company has doubled the number of domestic destinations to 77, while the number of international destinations has tripled to 26. * In 3QFY23, th...
Neutral InterGlobe Aviation Ltd For Target Rs2,110 - Motilal Oswal
Neutral InterGlobe Aviation Ltd For Target Rs2,110 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
28/03/2023 12:57:02 PM
Buy InterGlobe Aviation Ltd For Target Rs2,450 - Centrum Broking IndiGo’s  PAT  at  Rs14.2bn  in  Q3FY23  significantly  beat  our  estimate  of  Rs4.9bn  due  to  stronger yields. RASK grew 28.9%YoY to Rs5.26 (highest ever; est Rs4.9) aided by 22%YoY  increase in ticket yields and increase in load factor to 85.1% from 79.7% PY. Yields wer...
Buy InterGlobe Aviation Ltd For Target Rs2,450 - Centrum Broking
Buy InterGlobe Aviation Ltd For Target Rs2,450 - Centrum Broking
Source: Centrum Broking
24/03/2023 12:10:50 PM
IndiGo gains on unveiling new flights between Mumbai-Silchar, Delhi-Itanagar via Kolkata Interglobe Aviation is currently trading at Rs. 1841.50, up by 6.60 points or 0.36% from its previous closing of Rs. 1834.90 on the BSE. The scrip opened at Rs. 1830.00 and has touched a high and low of Rs. 1842.00 and Rs. 1820.60 respectively. So far 6746 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2194.00 on 06-Feb-2023 and a 52 week low of Rs. 1513.30 on 20-Jun-2022. Last one week high and low of the scr...
IndiGo gains on unveiling new flights between Mumbai-Silchar, Delhi-Itanagar via Kolkata
IndiGo gains on unveiling new flights between Mumbai-Silchar, Delhi-Itanagar via Kolkata
Source: Accord Fintech
23/02/2023 11:36:31 AM
IndiGo rises on entering into tourism collaboration with Austrian National Tourist Office Interglobe Aviation is currently trading at Rs. 2044.25, up by 2.85 points or 0.14% from its previous closing of Rs. 2041.40 on the BSE. The scrip opened at Rs. 2059.95 and has touched a high and low of Rs. 2059.95 and Rs. 2037.00 respectively. So far 3750 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2280.80 on 11-Feb-2022 and a 52 week low of Rs. 1513.30 on 20-Jun-2022. Last one week high and low of the scr...
IndiGo rises on entering into tourism collaboration with Austrian National Tourist Office
IndiGo rises on entering into tourism collaboration with Austrian National Tourist Office
Source: Accord Fintech
13/02/2023 11:28:36 AM
IndiGo flies high on strengthening domestic connectivity with addition of Nasik as 77th destination Interglobe Aviation is currently trading at Rs. 2036.00, up by 11.00 points or 0.54% from its previous closing of Rs. 2025.00 on the BSE. The scrip opened at Rs. 2025.00 and has touched a high and low of Rs. 2052.00 and Rs. 2021.45 respectively. So far 5339 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2282.25 on 10-Feb-2022 and a 52 week low of Rs. 1513.30 on 20-Jun-2022. Last one week high and low of the sc...
IndiGo flies high on strengthening domestic connectivity with addition of Nasik as 77th destination
IndiGo flies high on strengthening domestic connectivity with addition of Nasik as 77th destination
Source: Accord Fintech
8/02/2023 12:48:29 PM
IndiGo reports net profit of Rs 1,422 crore in Q3 IndiGo airline reported a profit of Rs 20,091 million excluding foreign exchange loss for the quarter ending December 2022. The airline reported a net profit for the quarter aggregated to Rs 1,422 crore including foreign exchange loss of Rs 5,865 million (Rs 586.5 crore). The airline reported a net profit of Rs 1,422 crore, compared to net profit of Rs 1,298 million (Rs 129.8 crore) as compared to the same period last year marking over 10 times growth. As per the results declared by Int...
IndiGo reports net profit of Rs 1,422 crore in Q3
IndiGo reports net profit of Rs 1,422 crore in Q3
Source: IANS
3/02/2023 6:50:19 PM
Buy InterGlobe Aviation Ltd For Target Rs 2,043 - ICICI Securities Domestic daily passengers cross 400k in Dec’22; expect IndiGo to deliver robust Q3FY23 Dec’22 average daily PAX for Indian airlines stood at 417k (similar to pre-covid levels). Average ATF prices were lower by 8% QoQ in Q3FY23. Domestic load factors are increasing with a trend of 78%, 81%, 82% and 87% for IndiGo from Aug’22 to Nov’22, respectively. Average Q3 PLFs could be ~ 85% for IndiGo compared to 79% in Q2FY23. As such, we expect IndiGo to report strong adjuste...
Buy InterGlobe Aviation Ltd For Target Rs 2,043 - ICICI Securities
Buy InterGlobe Aviation Ltd For Target Rs 2,043 - ICICI Securities
Source: ICICI Securities Ltd
24/01/2023 11:58:06 AM
IndiGo surges on unveiling new direct flight between Hubballi & Pune Interglobe Aviation is currently trading at Rs. 2127.00, up by 26.70 points or 1.27% from its previous closing of Rs. 2100.30 on the BSE. The scrip opened at Rs. 2105.05 and has touched a high and low of Rs. 2127.00 and Rs. 2101.00 respectively. So far 1602 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2282.25 on 10-Feb-2022 and a 52 week low of Rs. 1513.30 on 20-Jun-2022. Last one week high and low of the sc...
IndiGo surges on unveiling new direct flight between Hubballi & Pune
IndiGo surges on unveiling new direct flight between Hubballi & Pune
Source: Reuters
17/01/2023 9:04:28 AM
Buy InterGlobe Aviation Ltd For Target Rs.2,360 - ICICI Securities Domestic daily passengers cross 400k in Dec’22; expect IndiGo to deliver robust Q3FY23 Dec’22 average daily PAX for Indian airlines stood at 417k (similar to pre-covid levels). Average ATF prices were lower by 8% QoQ in Q3FY23. Domestic load factors are increasing with a trend of 78%, 81%, 82% and 87% for IndiGo from Aug’22 to Nov’22, respectively. Average Q3 PLFs could be ~ 85% for IndiGo compared to 79% in Q2FY23. As such, we expect IndiGo to report strong adjuste...
Buy InterGlobe Aviation Ltd For Target Rs.2,360 - ICICI Securities
Buy InterGlobe Aviation Ltd For Target Rs.2,360 - ICICI Securities
Source: ICICI Securities Ltd
14/01/2023 12:38:18 PM
IndiGo inches up on commencing direct flights between Pune & Dehradun Interglobe Aviation is currently trading at Rs. 2105.50, up by 0.25 points or 0.01% from its previous closing of Rs. 2105.25 on the BSE. The scrip opened at Rs. 2108.95 and has touched a high and low of Rs. 2122.05 and Rs. 2099.00 respectively. So far 3545 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2282.25 on 10-Feb-2022 and a 52 week low of Rs. 1513.30 on 20-Jun-2022. Last one week high and low of the scr...
IndiGo inches up on commencing direct flights between Pune & Dehradun
IndiGo inches up on commencing direct flights between Pune & Dehradun
Source: Accord Fintech
13/01/2023 12:39:06 PM
Buy InterGlobe Aviation Ltd For Target Rs. 2,560 - Emkay Global Financial Services Indian skies to retain indigo hue We initiate coverage on InterGlobe Aviation (Indigo) with BUY and DCF-based Mar-24 TP of Rs2,560. Domestic pax would cross pre-Covid levels in FY24 and log 12% CAGR thereafter till FY30E. While Indigo’s market share should cool down from the current highs of 57% as Tata Group ramps up and other smaller/new players also add capacity, it would remain in the formidable 47% range in the long term. Our Brent estimate of USD85/75 in FY24/25+, on the back o...
Buy InterGlobe Aviation Ltd For Target Rs. 2,560 - Emkay Global Financial Services
Buy InterGlobe Aviation Ltd For Target Rs. 2,560 - Emkay Global Financial Services
Source: Emkay Global Financial Services Ltd
31/12/2022 1:00:49 PM
IndiGo rises on launching exclusive flights between Bengaluru- Kolhapur Interglobe Aviation is currently trading at Rs. 2066.25, up by 3.45 points or 0.17% from its previous closing of Rs. 2062.80 on the BSE. The scrip opened at Rs. 2061.55 and has touched a high and low of Rs. 2080.40 and Rs. 2053.75 respectively. So far 28253 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2282.25 on 10-Feb-2022 and a 52 week low of Rs. 1513.30 on 20-Jun-2022. Last one week high and low of the sc...
IndiGo rises on launching exclusive flights between Bengaluru- Kolhapur
IndiGo rises on launching exclusive flights between Bengaluru- Kolhapur
Source: Accord Fintech
21/12/2022 12:40:35 PM
IndiGo rises on launching 21 additional flights in winter schedule for 2022-23 Interglobe Aviation is currently trading at Rs. 2032.30, up by 5.05 points or 0.25% from its previous closing of Rs. 2027.25 on the BSE. The scrip opened at Rs. 2038.00 and has touched a high and low of Rs. 2048.90 and Rs. 2006.70 respectively. So far 16687 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2282.25 on 10-Feb-2022 and a 52 week low of Rs. 1513.30 on 20-Jun-2022. Last one week high and low of the sc...
IndiGo rises on launching 21 additional flights in winter schedule for 2022-23
IndiGo rises on launching 21 additional flights in winter schedule for 2022-23
Source: Accord Fintech
20/12/2022 11:40:07 AM
IndiGo gains on launching 32 new flights to enhance connectivity between India, Europe Interglobe Aviation is currently trading at Rs. 1932.00, up by 14.40 points or 0.75% from its previous closing of Rs. 1919.60 on the BSE. The scrip opened at Rs. 1931.95 and has touched a high and low of Rs. 1932.00 and Rs. 1918.25 respectively. So far 1607 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2282.25 on 10-Feb-2022 and a 52 week low of Rs. 1513.30 on 20-Jun-2022. Last one week high and low of the sc...
IndiGo gains on launching 32 new flights to enhance connectivity between India, Europe
IndiGo gains on launching 32 new flights to enhance connectivity between India, Europe
Source: Accord Fintech
6/12/2022 10:25:40 AM
IndiGo soars on commencing operations of first freighter aircraft between Delhi and Mumbai IndiGo is currently trading at Rs. 1770.55, up by 6.30 points or 0.36% from its previous closing of Rs. 1764.25 on the BSE. The scrip opened at Rs. 1771.00 and has touched a high and low of Rs. 1771.05 and Rs. 1757.55 respectively. So far 781 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2370.00 on 17-Nov-2021 and a 52 week low of Rs. 1513.30 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs...
IndiGo soars on commencing operations of first freighter aircraft between Delhi and Mumbai
IndiGo soars on commencing operations of first freighter aircraft between Delhi and Mumbai
Source: Accord Fintech
17/11/2022 11:40:09 AM
IndiGo rises on adding Hollongi as 75th domestic destination Interglobe Aviation is currently trading at Rs. 1739.60, up by 30.15 points or 1.76% from its previous closing of Rs. 1709.45 on the BSE. The scrip opened at Rs. 1720.00 and has touched a high and low of Rs. 1744.00 and Rs. 1696.00 respectively. So far 7815 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2379.00 on 16-Nov-2021 and a 52 week low of Rs. 1513.30 on 20-Jun-2022. Last one week high and low of the sc...
IndiGo rises on adding Hollongi as 75th domestic destination
IndiGo rises on adding Hollongi as 75th domestic destination
Source: Accord Fintech
11/11/2022 12:10:50 PM
India`s IndiGo posts bigger loss on weaker rupee, soaring fuel costs InterGlobe Aviation Ltd, the operator of India's top airline IndiGo, on Friday posted a bigger second-quarter loss due to foreign exchange losses and higher fuel prices. Fuel costs more than tripled during the quarter from a year ago period, while foreign exchange losses due to a weaker rupee stood at 12.02 billion rupees for the quarter, the company said. InterGlobe expects a jump of about 25% in capacity in available seat per kilometre in the current quarter over the same period a...
India`s IndiGo posts bigger loss on weaker rupee, soaring fuel costs
India`s IndiGo posts bigger loss on weaker rupee, soaring fuel costs
Source: Reuters
4/11/2022 5:32:57 PM
Interglobe Aviation trades higher on the BSE Interglobe Aviation is currently trading at Rs. 1750.00, up by 2.65 points or 0.15 % from its previous closing of Rs. 1747.35 on the BSE. The scrip opened at Rs. 1747.35 and has touched a high and low of Rs. 1764.55 and Rs. 1737.00 respectively. So far 7751 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2379.00 on 16-Nov-2021 and a 52 week low of Rs. 1513.30 on 20-Jun-2022. Last one week high and low of the sc...
Interglobe Aviation trades higher on the BSE
Interglobe Aviation trades higher on the BSE
Source: Accord Fintech
13/10/2022 11:37:00 AM
Neutral InterGlobe Aviation Ltd For Target Rs. 2,006 - Motilal Oswal Financial Services Strong yields, but sustainability is a concern * INDIGO reported an in line adjusted loss at INR10.6b, led by better than estimated yield (at INR5.2), with an in line RPK. A lower PLF (at 79.6%), due to modest demand, has kept RASK under check (up 19% QoQ) in 1QFY23. * The management said its international flight operations in 1QFY23 stood at pre-COVID levels. It expects the same to grow in coming months with the easing of international travel protocols. * According to our airfare tr...
Neutral InterGlobe Aviation Ltd For Target Rs. 2,006 - Motilal Oswal Financial Services
Neutral InterGlobe Aviation Ltd For Target Rs. 2,006 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
15/09/2022 4:10:55 PM
IndiGo inches up on upgrading aircraft on Delhi-Gwalior route Interglobe Aviation is currently trading at Rs. 1941.50, up by 0.85 points or 0.04% from its previous closing of Rs. 1940.65 on the BSE. The scrip opened at Rs. 1956.00 and has touched a high and low of Rs. 1959.40 and Rs. 1931.85 respectively. So far 24432 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2379.00 on 16-Nov-2021 and a 52 week low of Rs. 1513.30 on 20-Jun-2022. Last one week high and low of the sc...
IndiGo inches up on upgrading aircraft on Delhi-Gwalior route
IndiGo inches up on upgrading aircraft on Delhi-Gwalior route
Source: Accord Fintech
9/09/2022 12:55:11 PM
Pieter Elbers joins Indigo as CEO InterGlobe Aviation (IndiGo) on Tuesday (6 September 2022) announced that Petrus Johannes Theodorus Elbers has joined the company as chief executive officer (CEO). Earlier in May 2022, the board had approved the appointment of Pieter Elbers as chief executive officer of the company and said that he will join IndiGo on or before 1 October, 2022. He succeeded the position of Ronojoy Dutta, who decided to retire on 30 September 2022, after guiding IndiGo through the turbulent Covid period, said ...
Pieter Elbers joins Indigo as CEO
Pieter Elbers joins Indigo as CEO
Source: Dion Global Services Ltd.
7/09/2022 3:09:22 PM