Latest Updates Around The World
Shares of India’s largest airline InterGlobe Aviation fell 5% to an intra-day low of Rs 4,293 on the NSE on Wednesday as the conflict between Iran and Israel intensified. The fall in IndiGo shares reflects concerns over possible revenue losses due to the geopolitical tensions.SpiceJet was hit even harder, falling 8% to an intraday low […]
Mumbai: Shares of InterGlobe Aviation, IndiGo’s parent company, rose over 4% – the highest single-day gain in 16 months – after the fine imposed by the Directorate General of Civil Aviation on the airline for the mass flight cancellations in December was seen as lower than what investors expected. The stock closed 4.2% higher at […]
The recent flight disruptions at InterGlobe Aviation may have diverted attention from long-term stock underperformance, but investor sentiment remains negative. A fresh decline of 9% in the last five sessions has further deepened the decline in Indigo shares. Technical indicators place the stock firmly in weak territory, prompting one analyst to issue a “Sell” call […]
