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Shares of InterGlobe Aviation Ltd , the parent firm of IndiGo, slipped nearly 5% today after a Parliamentary panel proposed route-specific capping of airfares and setting up of a separate entity to exercise control over air ticket prices, amid concerns in various quarters about surging fares. InterGlobe Aviation stock fell 4.7% to Rs 2982.40 against the previous close of Rs 3130.15 on BSE. Earlier, InterGlobe Aviation shares opened flat the same level.Total 0.24 lakh shares of the firm changed hands amounting to a turnover of Rs 7.39 crore. ....
IndiGo Q3 results: The company reported a standalone profit of Rs 2,998 crore for the quarter ended December 31, compared to Rs 1,418 crore in the year-ago period. ....
As of December 13, the IndiGo stock has been on an upward trajectory for the twelfth consecutive day, setting a new record for continuous gains, surpassing its previous record of 11 straight days of positive movements. ....
RBL Bank has recently experienced a robust breakout from the consolidation zone between Rs 258-210, accompanied by a strong bullish candle, indicating a continuation of medium term uptrend. ....
IndiGo shares: JM Financial in a recent note had expected IndiGo to report an improvement in Q3 profitability given revival in fares due to seasonally strong quarter, compensation of higher ATF prices.