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Interglobe Aviation News

Stocks To Be In News Today: Interglobe Aviation, PNB, Phoenix Mills etc.

The markets ended the week ended June 4, 2021 on a positive note though on Friday we saw indices tumble, weighed down by the banking pack. SGX Nifty trend at 7:49 am of gains of 0.3 percent suggests gap-up opening for ...

IndiGo Parent Pays Rs 2.10 crore, Settles with SEBI

InterGlobe Aviation Ltd, the parent of the airline IndiGo, has paid Rs 2.10 crore to the Securities and Exchange Board of India (Sebi) to settle IndiGo co-founder Rakesh Gangwal's complaints. In July 2019, Gangwal wrote to Sebi requesting his help to ...

Credit Suisse Sees 58% Upside In This Airline From Current Levels

As per Credit Suisse's latest report on Interglobe Aviation (IndiGo) suggests that the risk-reward on Interglobe Aviation, the parent company of IndiGo Airlines, is much better now that the economy and air traffic is picking up. Lower crude oil prices and ...

Aviation Stocks Gain After Govt Increases Flight Capacity With Immediate Effect

On Thursday, shares of Interglobe Aviation Ltd. and SpiceJet Ltd opened higher after the Ministry of Civil Aviation allowed an increase in capacity of domestic flights. As per an official order on 2 September, the ministry said that "45 percent capacity ...

Interglobe Aviation Gains Over 8% For The Second Consecutive Day

On Thursday, shares of Interglobe Aviation Ltd, the parent of IndiGo Airlines, rose 8.7 percent to touch an intraday high of Rs 1,125 apiece. A Bloomberg report said that Jwalamukhi Investment Holdings acquired 54.35 lakh shares of the airline in a ...

IndiGo Shares Gain On Positive Ratings Despite Q1 Net Loss

On Thursday, shares of InterGlobe Aviation sank 4 percent before gaining 3 percent over its previous closing price. It touched an intraday high of Rs 943.50 per share. The aviation stock ends its two-day losing streak after its June-ended quarter results ...

IndiGo Airlines Reports Net Loss Of Rs 2,844 Crore For Apr-June

On Wednesday, InterGlobe Aviation reported a net loss of Rs 2,844.3 crore for the June ended quarter when compared to a net profit of Rs 1,203.1 crore for the same period last year. The parent of IndiGo Airlines saw its revenue ...

IndiGo, SpiceJet Surge As Domestic Flights Set To Restart Next Week

Stocks of leading Indian airlines surged on Thursday after the Ministry of Civil Aviation informed that domestic flight operations will recommence from 25 May in a phased manner. Shares of InterGlobe Aviation, the parent of IndiGo airlines jumped 9.9 percent to ...

Indigo Parent Confirms Its Interest In Virgin Australia; Stock Declines 3%

Interglobe Enterprises today said it has signed an agreement for participating in the sale process of Virgin Australia. In a statement the company said, "As regards Virgin Australia, InterGlobe Enterprises has signed an agreement to participate in the sale process and ...

Aviation Stocks Decline On Extended Lockdown, Buffett's Comments

On Monday, shares of InterGlobe Aviation Ltd fell over 7 percent, SpiceJet was down 4.9 percent and Jet Airways fell 4.79 percent. On Saturday, the Directorate General of Civil Aviation (DGCA) said that all commercial passenger flights will remain suspended till ...

Airline Stocks Decline After Govt Measures To Arrest Covid 19 Spread

Shares of airline companies were trading with losses on Tuesday after the government on March 23, 2020 announced suspension of all domestic flights from midnight of March 24 to curb the spread of Covid 19 virus. "The operations of domestic ...

Aviation Stocks Sink 20% After IndiGo Warns That Fall In Bookings Will Hit Profits

On Thursday, shares of Interglobe Aviation, the parent of IndiGo airlines, touched its lowest level since October 2018 after it issued a warning that its "quarterly earnings to be materially impacted" from the dip in bookings, amid coronavirus fears. The stock ...