The current market price of InterGlobe Aviation Ltd. is Rs 2081. Time period given by analyst is Intra Day when . price can reach defined target.
InterGlobe Aviation Ltd., incorporated in the year 2004, is a Large Cap company (having a market cap of Rs 80167.66 Crore) operating in Airlines sector.
InterGlobe Aviation Ltd. key Products/Revenue Segments include Income (Airlines), Other Operating Revenue and Traded Goods for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 13018.81 Crore, up 58.62 % from last quarter Total Income of Rs 8207.46 Crore and up 310.66 % from last year same quarter Total Income of Rs 3170.25 Crore. Company reported net profit after tax of Rs -1064.26 Crore in latest quarter.
Investment Rationale
Price breakout on weekly frame and surpassed its 50 WEMA with increase in volumes.
Promoter/FII Holdings
Promoters held 74.77 per cent stake in the company as of 31-Mar-2022, while FIIs owned 19.17 per cent, DIIs 4.01 per cent.
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