Page 2 - Interglobe Aviation News Today

Nifty on Monday ended 25 points lower to form a minor bearish candle on the daily chart. The up move was not supported by the momentum as on the hourly time frame there is a negative crossover, analysts said.

Last week was eventful, though truncated. The BSE 500 index ended with an uptick of 664 points or 2%, following the footsteps of the headline index S&P BSE Sensex that gained 1,500 points or 2% to hit an all-time high of 75,636. The two defence PSU counters and railway play RVNL ended the week with an uptick of 35%, 32% and 27%, respectively.

The week gone by was highly volatile, with Nifty gaining 2.2% or 490 points in four sessions and hitting a lifetime high of 23,000. The week was also in the news for block deals involving over three dozen companies from large, mid and smallcap segments worth Rs 13,059 crore on screen.

According to Interglobe Aviation, private airline IndiGo will introduce a new custom business product on Thursday to accommodate the busiest business routes in India. We think it's our privilege to give New India even more options to choose from when they travel for business, especially as the country prepares to become the third largest economy in the world.

Indian shares were set for a muted start on Friday, after notching up record highs in the previous session, as robust economic data in the U.S. dampened hopes of early interest rate cuts. ...

Pieter Elbers, CEO of InterGlobe Aviation, highlights IndiGos unique position with over 50 planes delivered annually. Q4 revenue drivers include Indian market growth and strategic initiatives. He discusses the seasonally weak Q4 yields and predicts similar revenue environment for Q1 FY25. Elbers says their strategy is starting to take shape and resonating very well for all the different initiatives.

InterGlobe Aviation, the parent company of IndiGo Airlines, witnessed a significant uptick in its stock price on Friday, with shares climbing almost 3% on the BSE to reach a new 52-week high of Rs 4,520. This surge followed a more than doubling of the companys Profit After Tax (PAT) to Rs 1,895 crore in the fourth quarter.

InterGlobe Aviation, the parent company of Indias leading airline, IndiGo, reported a significant 106% year-on-year (YoY) increase in its consolidated net profit for the fourth quarter. The profit surged to Rs 1,895 crore, compared to Rs 919 crore in the same quarter of the previous year.

InterGlobe Aviation Limited reported earnings results for the full year ended March 31, 2024. For the full year, the company reported sales was INR 689,043.42 million compared to INR 544,464.53...

InterGlobe Aviation Limited reported earnings results for the fourth quarter ended March 31, 2024. For the fourth quarter, the company reported sales was INR 178,252.67 million compared to INR...