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In a conference call held on April 30, InterGlobe s management said that the order for widebody aircraft will help the company enhance connectivity from India to Southern Europe and potentially to the US and EU ....
IndiGo s shares rose 4.7% to Rs 3,801.8 after finalizing a 10 A320neo plane order with Airbus. The company hiked airfare by 20–25% due to Vistara flights cancellation, leading to a surge in stock price. ....
IndiGo share price: Shares of InterGlobe Aviation Ltd, IndiGo's parent, moved 0.81 per cent higher during intraday deals on Thursday to scale their all-time high of Rs 3,573.70. The stock eventually shed 0.02 per cent to settle at Rs 3,544.50. ....
Jefferies raised the target price of Indigo shares to Rs 3,435 from Rs 2,500 on the back of the company s strong capacity growth guidance. In a review note, the US brokerage sees limited impact of grounding of its fleet. ....
Shares of InterGlobe Aviation Ltd , the parent firm of IndiGo, slipped nearly 5% today after a Parliamentary panel proposed route-specific capping of airfares and setting up of a separate entity to exercise control over air ticket prices, amid concerns in various quarters about surging fares. InterGlobe Aviation stock fell 4.7% to Rs 2982.40 against the previous close of Rs 3130.15 on BSE. Earlier, InterGlobe Aviation shares opened flat the same level.Total 0.24 lakh shares of the firm changed hands amounting to a turnover of Rs 7.39 crore. ....