Buy Interglobe Aviation; target of Rs 1105: Axis Direct
Axis Direct is bullish on Interglobe Aviation has recommended buy rating on the stock with a target price of Rs 1105 in its research report dated February 07, 2017.
Axis Direct's research report on Interglobe Aviation
Pratt & Whitney (P&W), supplier of its GTF engines for A320neo, has significantly ramped up its production of these engines. With improved visibility on delivery from P&W and strong domestic traffic growth, management highlighted it may increase fleet guidance of 154planes for Mar ’18.
For all recommendations, click here
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.