Page 4 - Interglobe Aviation News Today

The last batch of quarterly earnings, global trends and trading activity of foreign investors will guide the equity market movement in a holiday-shortened week ahead, analysts said. Volatility may continue amid investors cautious approach in the election season. Markets will remain closed on Monday due to the fifth phase of the Lok Sabha elections in Mumbai.

The Relative Strength Index of the stock stood at 74.26 on Thursday.

A total of 12,950 shares changed hands on the counter till 11:57AM (IST).

A total of 10,651 shares changed hands on the counter till 01:13PM (IST)

The stock quoted a 52-week high price of Rs 4188.15 and a 52-week low of Rs 2129.45.

InterGlobe Aviation Ltd., incorporated in the year 2004, is a Large Cap company (having a market cap of Rs 153685.13 Crore) operating in Airlines sector.

A total of 12,739 shares changed hands on the counter till 12:38PM (IST)

Motilal Oswal recommended neutral rating on InterGlobe Aviation with a target price of Rs 4,065 in its research report dated April 30, 2024.

In Thursdays trading session, shares of InterGlobe Aviation, the operator of IndiGo Airlines, surged 3% to reach a record high of Rs 4,098.45 on the BSE. This uptick followed the companys announcement of placing an order for 30 Firm A350-900 aircraft.

Emkay Global Financial is bullish on InterGlobe Aviation has recommended buy rating on the stock with a target price of Rs 4700 in its research report dated May 02, 2024.