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    INDIGO   INE646L01027

INTERGLOBE AVIATION LIMITED

(INDIGO)
  Report
Delayed NSE India Stock Exchange  -  07:27 2022-09-30 am EDT
1855.30 INR   +1.53%
09/07InterGlobe Aviation Co-Founder, Family to Sell 2.8% Stake Via Block Deal
MT
09/06InterGlobe Aviation Names New CEO
MT
09/06Interglobe Aviation Limited Appoints Petrus Johannes Theodorus Elbers as Chief Executive Officer
CI
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Indian shares end higher on tech boost

08/03/2022 | 06:54am EDT

BENGALURU, Aug 3 (Reuters) - Indian shares closed higher for a sixth straight session on Wednesday, led by gains in information technology stocks, as investors await the central bank's policy meeting outcome later this week.

The NSE Nifty 50 index rose 0.25% to 17,388.15, at close, and the S&P BSE Sensex was up 0.37% at 58,350.53, after see-sawing between gains and losses for most of the session against the backdrop of escalating U.S.-China tensions.

Looking ahead, traders are awaiting the outcome of the Reserve Bank of India's (RBI) monetary policy meeting on Friday.

With inflation at multi-year highs, the RBI committee is seen raising rates, though the views on the quantum of increase were split wide between 25 basis points and 50 basis points, a Reuters poll of economists showed.

Helping the sentiment in domestic equities on Wednesday, foreign investors bought $860.5 million worth of Indian shares in the last two session after purchasing a net $618.05 million worth of shares in July.

Nifty's IT sub-index closed up 1.35% after scaling its highest in more than a month in the session. Infosys Ltd, Tata Consultancy Services Ltd and Tech Mahindra Ltd were the top gainers on the Nifty 50 index, rising over 1% each.

Countering some of the gains, top automakers Tata Motors and Maruti Suzuki India fell 1.8% and 2.3%, respectively.

Nifty's auto index closed 0.8% lower, snapping five straight sessions of gains, over chip supply fears on the back of fresh U.S.-China tensions after U.S. House of Representatives Speaker Nancy Pelosi's visit to Taiwan, which is home to the world's biggest contract manufacturer of semiconductors.

"If there is any escalation (between U.S. and China) by this weekend, that will likely disrupt the supply chain management globally for semiconductors," said Prashanth Tapse, research analyst at Mehta Equities.

Among other individual stock moves, InterGlobe Aviation Ltd , the operator of India's top airline IndiGo, closed 1.7% higher ahead of its quarterly results. (Reporting by Rama Venkat in Bengaluru; Editing by Shailesh Kuber)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
INFOSYS LIMITED 1.06% 1413.45 Delayed Quote.-25.13%
INTERGLOBE AVIATION LIMITED 1.53% 1855.3 Delayed Quote.-8.04%
MARUTI SUZUKI INDIA LTD 2.36% 8828.15 Delayed Quote.18.87%
MSCI TAIWAN (STRD) -1.08% 459.986 Real-time Quote.-37.35%
NIFTY 50 1.64% 17094.35 Delayed Quote.-1.50%
SENSEX BSE30 1.80% 57426.92 Real-time Quote.-1.42%
TATA CONSULTANCY SERVICES LTD. 0.24% 3004.55 Delayed Quote.-19.63%
TATA MOTORS LIMITED 0.58% 404.65 End-of-day quote.-16.11%
TECH MAHINDRA LIMITED 0.15% 1008.6 Delayed Quote.-43.67%
All news about INTERGLOBE AVIATION LIMITED
09/07InterGlobe Aviation Co-Founder, Family to Sell 2.8% Stake Via Block Deal
MT
09/06InterGlobe Aviation Names New CEO
MT
09/06Interglobe Aviation Limited Appoints Petrus Johannes Theodorus Elbers as Chief Executiv..
CI
09/01InterGlobe Aviation Signs Codeshare Agreement with Virgin Atlantic
MT
08/26Transcript : InterGlobe Aviation Limited - Shareholder/Analyst Call
CI
08/16Interglobe Aviation : ESOP/ESPS/SBEB Scheme
PU
08/11India shares jump 1% as IT leads
RE
08/11India's domestic airlines get a boost as cap on ticket prices lifts
RE
08/10India to lift restrictions on ticket fare prices from Aug. 31
RE
08/10India to remove fare caps imposed on airlines from Aug 31
RE
More news
Analyst Recommendations on INTERGLOBE AVIATION LIMITED
More recommendations
Financials
Sales 2023 506 B 6 222 M 6 222 M
Net income 2023 775 M 9,52 M 9,52 M
Net Debt 2023 24 576 M 302 M 302 M
P/E ratio 2023 920x
Yield 2023 -
Capitalization 715 B 8 788 M 8 788 M
EV / Sales 2023 1,46x
EV / Sales 2024 1,36x
Nbr of Employees 26 164
Free-Float 25,4%
Chart INTERGLOBE AVIATION LIMITED
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InterGlobe Aviation Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends INTERGLOBE AVIATION LIMITED
Short TermMid-TermLong Term
TrendsBearishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Last Close Price 1 855,30 INR
Average target price 2 182,64 INR
Spread / Average Target 17,6%
EPS Revisions
Managers and Directors
Peter T. M. Elbers Chief Executive Officer
Wolfgang Prock Schauer President & Chief Operating Officer
Gaurav Manoher Negi Chief Financial Officer, SVP & Head-Governance
Venkataramani Sumantran Chairman
Sanjay Y. Gupta Secretary & Chief Compliance Officer
Sector and Competitors