Interglobe Aviation Ltd

(INDIGO)

IndiGo Receives Positive Recommendations and Target Prices - 21 Nov, 2024

Analysts recommend buying IndiGo shares, with target prices ranging from Rs 4,400 to Rs 5,200, reflecting strong growth potential and competitive advantages.

Interglobe Aviation Shares Surge Amid Record Air Traffic - 20 Nov, 2024

Interglobe Aviation's stock experienced a 3% increase following a historic milestone in India's domestic air traffic, exceeding five lakh passengers in one day.

Interglobe Aviation Shares Surge Amid Growth News - 19 Nov, 2024

Interglobe Aviation's stock rose significantly as domestic air traffic hit a record high. The company also announced new flights to Malaysia, enhancing connectivity.

InterGlobe Aviation Shares Surge Amid Travel Advisory - 18 Nov, 2024

InterGlobe Aviation's stock rose 2.77%, increasing market cap by Rs 4,166 crore. IndiGo issued a travel advisory due to fog in Delhi, affecting operations.

InterGlobe Aviation Faces Analyst Downgrades After Loss - 15 Nov, 2024

InterGlobe Aviation's stock declined after reporting a significant loss of Rs 987 crore for Q2 2024, prompting analysts to lower their target prices.

IndiGo Launches Dual-Class Seating for Passengers - 14 Nov, 2024

IndiGo, part of Interglobe Aviation Ltd, has launched a dual-class seating option called IndiGoStretch on select routes, aiming to attract cost-conscious premium travelers. CEO Pieter Elbers emphasized the need for airlines that match India's scale to compete globally.

IndiGo Expands Routes Amid Flight Cancellations - 13 Nov, 2024

IndiGo is extending its international reach with new flights to Langkawi while facing cancellations to Bali due to volcanic ash clouds. The airline is also negotiating a lease extension for Boeing 777 planes.

InterGlobe Aviation Stock Declines Amid Market Volatility - 12 Nov, 2024

On November 12, 2024, InterGlobe Aviation's stock fell by 2.75%, leading to a market capitalization decrease of Rs 4,217 crore, reflecting ongoing market volatility in the airline sector.

IndiGo Expands Services and Market Share Growth - 11 Nov, 2024

IndiGo is launching business-class cabins, increasing its market share to 63%, and is working to extend the wet lease of Boeing 777 planes to meet rising demand.

IndiGo Shares Drop Following Profit Decline - 08 Nov, 2024

Interglobe Aviation Ltd (IndiGo) shares fell 6% after reporting a 7.7% year-over-year profit decline in the September quarter, amounting to Rs 24.1 crore.

InterGlobe Aviation Faces Challenges but Maintains Buy Rating - 07 Nov, 2024

InterGlobe Aviation has faced grounding of over 70 aircraft due to engine issues, impacting EBITDA and leading to a net loss. However, Geojit maintains a positive outlook, projecting recovery in passenger growth and a target price of Rs 4,675.

Gangwal Reduces Stake in InterGlobe Aviation - 05 Nov, 2024

Rakesh Gangwal, co-founder of IndiGo, sold 5.83% of his stake in InterGlobe Aviation, decreasing his family's holdings from 19.38% to 13.55%. This follows a history of disputes and gradual divestment.

InterGlobe Aviation Faces Market Cap Decline - 04 Nov, 2024

InterGlobe Aviation, parent of IndiGo, experienced a 4.31% drop in share price, resulting in a market cap loss of ₹6,735 crore due to rising operational costs and industry challenges.

HSBC Maintains Buy Rating for InterGlobe Aviation - 31 Oct, 2024

HSBC has reaffirmed its buy rating on InterGlobe Aviation, projecting a 21.6% upside to ₹4,940. Despite Q2 FY25 earnings falling short, the long-term outlook remains positive as competitors face challenges.

IndiGo and Malaysia Airlines Launch Codeshare Partnership - 30 Oct, 2024

IndiGo has entered a strategic codeshare partnership with Malaysia Airlines, enhancing connectivity between India and Malaysia. This collaboration allows IndiGo's flight code to be added to Malaysia Airlines' domestic flights, offering travelers more options to explore Malaysia's key destinations.

IndiGo Faces Challenges Amidst Growth and Losses - 29 Oct, 2024

IndiGo reports significant losses in Q2 FY25, leading to a sharp decline in share prices. Despite operational growth and new routes, concerns over maintenance costs and market pressures persist.

InterGlobe Aviation Faces Losses and Stock Decline - 28 Oct, 2024

InterGlobe Aviation reported a significant net loss in Q2FY25, leading to an 8% drop in shares. Brokerages adjusted price targets but maintained buy ratings amid healthy demand.

IndiGo Reports Significant Loss in Q2 FY25 - 27 Oct, 2024

InterGlobe Aviation's IndiGo airline posted a consolidated net loss of Rs 987 crore for Q2 FY25, significantly down from a profit of Rs 2,729 crore in the prior quarter. Revenue grew 13.6% to Rs 16,970 crore, but EBITDAR fell 58.1%, indicating financial challenges amid rising fuel costs and forex losses.

Interglobe Aviation Reports Significant Q2 Loss - 26 Oct, 2024

Interglobe Aviation announced a net loss of ₹986.7 crore for Q2, contrasting with a profit last year. Revenue increased by 13.56%, but operational costs surged, impacting profitability. Analysts remain divided on the outlook, with a consensus recommendation to Buy.

IndiGo Reports Loss Amid Investment in Ventures Fund - 25 Oct, 2024

Interglobe Aviation's IndiGo reported a net loss of Rs 987 crore in Q2 FY25, impacted by high fuel costs. The board also approved a Rs 295 crore investment in IndiGo Ventures Fund to support startups in aviation and allied sectors.