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 […]
According to market expert Neeraj Dewan, the Indian stock market may be entering the next phase of growth as several sectors – from PSU banks and telecom to value retail and cement – show renewed strength.Speaking to ET Now, Dewan said that while the frontline indices are near their 52-week highs, the broader market could […]
Global brokerage firm Morgan Stanley has made significant changes to the India Equity Strategy’s focus list for the Asia Pacific region, adding Reliance Industries Ltd (RIL) and Mukesh Ambani-owned Varun Beverages Ltd (VBL) to the list. In addition, the brokerage firm also said that it has removed Interglobe Aviation (IndiGo) and Jubilant Foodworks from its […]
NSE Indices announced a recasting of his benchmark indices on Friday as part of his half-yearly assessment. Budget Carrier Indigo and Max Healthcare Institute will be included in the Nifty Index, to replace Hero Motocorp and Indusind Bank. The changes will take effect from September 30. Indigo had an average exemption market capitalization of RS […]
Interglobe Aviation, which operates budget airline Indigo, will announce its Q1 income on Wednesday 30 July, where the company is expected to report a decrease in profitability in Q1FY26 according to estimates of leading brokers. Although the income is expected to grow modestly on Jojbasis, higher base, weaker loading factors and stable-to-soft yields will probably […]
Indigo has already seen a substantial positive price promotion, Nuvama Alternative and Quantitative research mention Photocredit: Anushree Fadnavis Indigo-parenting Interglobe Aefvention and Max Healthcare are probably added to the Benchmark Nifty 50 index during the September 2025 assessment, according to Nuvama Alternative & Quantitative Research. BSE has no chance to be included in Nifty 50 […]