Is InterGlobe aviation a good stock to buy?

Is InterGlobe aviation a good stock to buy?

Brokerage firm Geojit suggests investors buying the stock of InterGlobe Aviation Ltd. (Indigo) for a 19% return, in the near term. Intense vaccination drive, lowering of Covid contaminations, and pick in corporate and revival tourism led to strong revenue growth for the company.

Is IndiGo a good buy?

Interglobe Aviation (IndiGo) | Buy| Target: Rs 2,380 Also, the volumes in the recent upmove were good, which indicated a buying interest in the stock. Traders can look to trade with a positive bias and buy in the range of Rs 2,190-2,180 for potential targets of Rs 2,290 and Rs 2,380 in the next 3-4 weeks.

Who is the owner of InterGlobe aviation?

Rono Dutta (Jan 24, 2019–Sep 30, 2022)IndiGo / CEORonojoy “Rono” Dutta is an Indian aviation executive. He is currently the CEO of InterGlobe Aviation Limited which operates IndiGo. He served as the President of the United Airlines from 1999 to 2002. Wikipedia

Who is InterGlobe?

InterGlobe Aviation is the operator of India’s largest passenger airline with a market share of 39.9% as of February 2018. The company operates its flights under the IndiGo brand. IndiGo primarily operates in India’s domestic air travel market as a low-cost carrier.

What is the best long term stock?

Looking For Long-Term Buys With Good Returns Despite Market Correction? Here Are 5 Stock Picks

• HDFC Bank.
• CMP Rs 1290 |Target Price Rs 1610 |Upside 25%
• PI Industries.
• CMP Rs 2,475|Target Price Rs 3,440 |Upside 39%
• HCL Technologies.
• CMP Rs 959|Price Rs 1,348|Upside 41%
• Marico.
• CMP Rs 473 |Target Price Rs 600 |Upside 27%

Will IndiGo share price go up?

Based on our forecasts, a long-term increase is expected, the “INDIGO” stock price prognosis for 2027-07-02 is 3248.170 INR. With a 5-year investment, the revenue is expected to be around +95.42%. Your current $100 investment may be up to $195.42 in 2027. Get It Now!

Is in the InterGlobe Aviation is an Indian company?

InterGlobe Aviation Ltd., doing business as IndiGo, is an Indian low-cost airline headquartered in Gurgaon, Haryana, India.

Is IndiGo Indian company?

IndiGo Airlines (operated by Interglobe Aviation Limited) is an Indian low-cost carrier and the largest airline by passengers carried and fleet size, with a 49.9 per cent domestic market share as of April 2019.

How many times ITC give dividend?

ITC Ltd. has declared 24 dividends since July 3, 2001. In the past 12 months, ITC Ltd. has declared an equity dividend amounting to Rs 11.50 per share.

How many shares does InterGlobe aviation have?

The Shareholding Pattern page of InterGlobe Aviation Ltd. presents the Promoter’s holding, FII’s holding, DII’s Holding, and Share holding by general public etc….PREMARKET.

Why are IndiGo shares falling?

IndiGo share price: Shares of InterGlobe Aviation, the owner of budget carrier IndiGo, fell nearly 4.5 per cent in the early trade on Monday after the company announced that its co-founder Rakesh Gangwal would resign from the board and has plans to cut his stake in the airline.

What was the stock price of InterGlobe Aviation on Wednesday?

Shares of InterGlobe Aviation Ltd. traded 1.14 per cent up at Rs 1888.3 at around 12:17PM (IST) on Wednesday. The stock had closed at Rs 1867.0 in the previous session.

What is the market cap of inter Globe fin stock?

Within the Financial Services sector, Inter Globe Fin stock has a market cap rank of 278. Inter Globe Fin has a market cap of Rs 10.71 Cr.

What is indigo share price at record high?

InterGlobe Aviation, which runs India’s largest airline IndiGo, extended gains to a fourth session and scaled a record high of 2,168.80 rupees on Friday, while shares of SpiceJet rose up to 7.9% to 81.95 rupees, their highest level in two months.

What is interinter Globe Finance Ltd?

Inter Globe Finance Ltd is a Non-Banking Financial Company (NBFC) which is engaged in financial activity and deals in small and medium term investments.