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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 […]
Shares of InterGlobe Aviation (IndiGo) are expected to remain in focus on Thursday, December 4, after the Directorate General of Civil Aviation (DGCA) on Wednesday opened an investigation into the airline’s widespread operational disruptions. The regulator has sought an explanation for the large-scale service disruption and asked IndiGo to submit a mitigation plan to curb […]
