IndiGo shares at Rs 3,000? What Emkay Global says on engine

IndiGo shares at Rs 3,000? What Emkay Global says on engine issues, rising fuel prices

IndiGo: Emkay said oil marketing companies have recently hiked domestic ATF price by 14 per cent month-on-month (MoM) for September due to the increase in crude prices as well as jet fuel spreads. Another 3 per cent MoM hike for October is likely, it said.

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