Volume recovery remains key to earnings
* INDIGO reported better-than-estimated ASK/RPK growth in 2QFY21, while yield was lower than estimates. This resulted in-line ..
Playing first fiddle
IndiGo reported a significantly improved performance in 2QFY21, with an EBITDAR of Rs 2.8bn (vs. loss QoQ). Cash burn has reduced to Rs 250mn/day ..
Weekly future recommendation:
Due to expected higher volatility, we are avoiding giving any recommendation for the week.
Buy Interglobe Aviation Ltd..
Annual Report Analysis
Based on the existing free cash, cost cutting measures and additional liquidity available, InterGlobe Aviation (IndiGo) remains well positioned..
The company reported standalone net loss during the quarter stood at Rs 1194.77 crore as compared to net loss of Rs 1065.61 crore in the previous year quarter. Net revenu..
BENGALURU - Interglobe Aviation Ltd, which runs India's largest airline IndiGo, reported its steepest quarterly loss on Thursday as pandemic-related travel rest..
After forming a support near | 1300, Interglobe Aviation managed to move towards the higher band of the range. During the recent consolidation seen in the s..
Tata Consultancy Services
Buy Tata Consultancy Services Ltd @ 2525.00-2530.00 CMP 2526.85 TGT 2570.00 SL 2504.20
No qualms on survival is the investment thesis
Based on the existing free cash, cost cutting measures and additional Rs50bn liquidity available, InterGlobe Aviation (..
InterGlobe Aviation, which operates airline major IndiGo, has decided to raise funds worth Rs 4,000 crore.
Accordingly, the company will issue equity shares by way of ..
Indigo reported a weak 1QFY21 (loss of Rs 28.4bn) due to the adverse impact of COVID (flights commenced only from end of May-20). The demand will take..
Below is the Quote on 1QFY21 results of Interglobe Aviation (Indigo) -Yash Gupta, Equity Research Associate, Angel Broking Ltd
Interglobe Aviation (Ind..
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