Page 2 - Interglobe Aviation Ltd News

Aviation stocks rise as regular intl flights to resume, but crude a concern_41548

Airlines currently face a challenging time ahead on account of record high ATF prices, which are likely to increase further on the back of Russia-Ukraine conflict, says an analyst

Indigo, SpiceJet can jump up to 8% as intl flights resume, reveal charts_41313

Both, Indigo and SpiceJet had broken major key levels; For reversal to take place these stocks need to conquer near-term hurdles and show sustainability.

IndiGo, SpiceJet fly high up to 8% as govt lifts ban on overseas flights_41263

The move is expected to boost international capacity and will help soften airfares, which have been soaring due to increased demand and rise in crude oil prices.

InterGlobe Aviation slips 4% after promoter Rakesh Gangwal steps down_35024

While new investors should benefit from the potential future growth in the company's share price, a gradual reduction of my stake should also allow me to benefit from some of the upside, GangwaL said.

Stocks to Watch: IndiGo, RIL, Hinduja Global, Federal Bank, Brightcom_34972

Auto shares are likely to be in focus as car makers are looking to ramp up production by an average 18-20 per cent in the March quarter, as the shortage of semiconductor eases.

IndiGo's co-founder Rakesh Gangwal resigns from board with immediate effect_34431

'It is my intention to gradually reduce my stake in InterGlobe over the next 5 plus years,' says Gangwal

These 9 stocks gained over 15% in February despite Ukraine-Russia stand-off_34301

While Blue Star record a new 52-week high, RHI Magnesia India hit a new all-time high in February

Oil hits $95: Buy paint, tyre stocks on dips, avoid aviation, say analysts_32081

Oil prices climbed towards their highest levels in more than seven years on Monday on fears that a possible invasion of Ukraine by Russia could trigger sanctions (on the latter) from US and Europe

IndiGo soars 10% post Q3 nos; analysts upgrade stock, see up to 38% upside_28418

IndiGo swung back into profit, posting a PAT of Rs 129.79 crore in the December quarter, after registering seven consecutive quarters of loss

SBI, Tata Steel, IndiGo: Key levels to watch on these stocks post Q3 nos_28391

Shares of Bank of Baroda can jump 15% as it claimed a new 52-week high

IndiGo posts profit in Q3, appoints co-founder Rahul Bhatia as MD_27691

The airline expects its available seat kilometers to be 10%-15% lower for the December-quarter compared with the third quarter of the current fiscal year

Crude trumps $90: ONGC may see 15% upside; OMCs indicate a mixed trend_23831

The two major OMCs were exhibiting a mixed trend on the charts, with HPCL reflecting positivity, while BPCL struggling to hold ground.

Aviation stocks under pressure; IndiGo down 7%, SpiceJet hits 52-week low_23802

These companies have significant exposure to price movement of Aviation Turbine Fuel (ATF) which is a derivative of crude oil.

Stocks to Watch: SBI, IDFC, IndiGo, NTPC, Cars24, PolicyBazaar, Textiles_13467

The GST Council will meet today to discuss possible rollback of recently hiked rates for the textile industry.

At EGM, IndiGo shareholders back resolution to scrap RoFR clause_13309

The removal of clause will now allow the two promoters of the airline to sell or transfer shares to a third party without giving each other notice

Omicron has cast a shadow of uncertainty on growth outlook: IndiGo CEO_13232

However, the airline is stronger now when compared to situation in 2020 during the first wave of the pandemic, says Ronojoy Dutta

IndiGo announces five-day sale, launches discounted fares starting Rs 1,122_12365

Discounted tickets available across over 150 domestic flights on IndiGo network; sale valid on travel from January 15, 2022, to April 15, 2022

Analysts bet on IndiGo, SpiceJet despite travel curbs amid Omicron spread_10569

However, near-term concerns will continue to weigh on the stocks as Omicron spread puts a spanner on the growth trajectory, say analysts

IndiGo, PVR: These recovery-plays can surge up to 11% despite Omicron woes_10544

These stocks have corrected between 10-20 per cent over the last one month relative to benchmarks' 3 per cent fall. Here's a possible way forward for these stocks

IndiGo plans to grow 25% from 2024, keep focus on international routes_8805

'Repairing balance sheet is an urgent task', says CEO Ronojoy Dutta in year-end letter to employees.