Persistent Systems has been one of the most resilient names as the IT index has been going through turmoil for almost 18 months. The stock has staged a breakout from ‘Cup and Handle’ pattern and is expected to head towards Rs 5,600-5,700
Motilal Oswal recommended Neutral rating on InterGlobe Aviation with a target price of Rs 2135 in its research report dated May 19, 2023.
Prabhudas Lilladher is bullish on InterGlobe Aviation has recommended buy rating on the stock with a target price of Rs 2565 in its research report dated May 19, 2023.
The stock of the parent of the country's largest airline IndiGo failed to hold on to the morning gains and ended at Rs 2,264.35 apiece, registering a marginal decline of 0.03 per cent on the BSE.
The Sensex was up 297.94 points, or 0.48 percent, at 61,729.68, and the Nifty gained 73.40 points, or 0.40 percent, to end at 18,203.40. About 1,587 shares advanced, 1,759 declined and 139 remained unchanged
Emkay Global Financial is bullish on InterGlobe Aviation has recommended buy rating on the stock with a target price of Rs 2700 in its research report dated May 19, 2023.
Morgan Stanley has an ‘overweight’ rating on shares of InterGlobe Aviation with a hike in target price to Rs 3,126. Even JP Morgan has an ‘overweight’ call on the airline's stock with a hike in target price to Rs 2,700.
Strong domestic and international demand and the high-yield scenario can help the airline gain altitude.
In this episode of Market Minutes, Shailaja Mohapatra talks March quarter numbers of ITC, SBI and Interglobe Aviation. (With inputs from Sucheta Anchaliya). Also, catch Omkar Tanksale of Axis Securities in Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, keys data points and developing trends
In a capacity-constrained environment, IndiGo will have stronger yields as well as increasing leverage with OEMs of engines and planes, CLSA has said
Broking firm Jefferies estimates that Go First’s loan from banks were around Rs 2000-2500 crore, based on previous filings. The Jefferies report pegs ICICI Bank’s exposure at Rs 350-400 crore and Central Bank of India’s exposure at Rs 700 crore
Net Sales are expected to increase by 67.9 percent Y-o-Y (down 9.8 percent Q-o-Q) to Rs. 1,346.8 crore, according to Prabhudas Lilladher.
Prabhudas Lilladher is bullish on InterGlobe Aviation has recommended buy rating on the stock with a target price of Rs 2347 in its research report dated March 27, 2023.
Motilal Oswal recommended Neutral rating on InterGlobe Aviation with a target price of Rs 2110 in its research report dated March 26, 2023.
Emkay Global Financial is bullish on InterGlobe Aviation has recommended buy rating on the stock with a target price of Rs 2600 in its research report dated March 24, 2023.
Emkay Global Financial is bullish on InterGlobe Aviation has recommended buy rating on the stock with a target price of Rs 2600 in its research report dated March 21, 2023.
According to the bulk deal data available with the BSE, Shobha Gangwal offloaded a total of 1.56 crore equity shares in three tranches, amounting to 4.04 per cent stake in the company.
As of December 2022 end, IndiGo's promoter and promoter group held 71.92 percent stake in the company, which will now come down to 67.52 percent
The maximum discount will be up to 5.6 percent of the current market price, sources said, adding that the floor price has been set at Rs 1,875 per share.
Prabhudas Lilladher is bullish on InterGlobe Aviation has recommended buy rating on the stock with a target price of Rs 2500 in its research report dated February 05, 2023.
Strong demand from domestic and international travellers and the high-yield scenario augur well for the airline