Shares of InterGlobe Aviation, which operates IndiGo, fell nearly 6% on March 23, hitting a fresh 52-week low after brokerage firm Goldman …
stock market
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Airline Updates
IndiGo Shares Reach 52-Week High as Motilal Oswal Upgrades to Buy Rating.
by Editorby EditorShares of IndiGo, owned by InterGlobe Aviation, surged to a 52-week high of ₹5,345 on Tuesday, marking an increase of up to …
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In a remarkable milestone for Indian aviation, InterGlobe Aviation, the parent company of IndiGo, briefly became the world’s most valuable listed airline …
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Aerospace & Aircraft
GE Aerospace Stock Soars After Q4 Revenue and Profit Beat Estimates.
by Editorby EditorShares of GE Aerospace (GE) surged nearly 10% on Thursday morning, making it one of the top gainers in the S&P 500, …
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Aerospace & Aircraft
Unimech Aerospace IPO Allotment Finalized Check Status Online.
by Editorby EditorThe allotment status of the highly anticipated Unimech Aerospace and Manufacturing IPO will be finalized on Friday. The ₹500 crore IPO of …
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Airline Updates
Acuité Upgrades SpiceJet’s Rating by Four Notches, Assigns Stable Outlook.
by Editorby EditorIn a significant development for SpiceJet, Acuité Ratings & Research has upgraded the airline’s long-term rating by four notches, boosting it from …
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Aviation Horizon
Stock Surges After Airports Authority of India Power Supply Contract.
by Editorby EditorA notable surge in a company’s stock price occurred recently as it hit the upper circuit following a significant order win from …
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Aviation Deals
Authum Investment Sells ₹37 Crore Stake in SpiceJet via Bulk Deal.
by Editorby EditorSpiceJet shares witnessed significant trading activity as Authum Investment and Infrastructure Ltd. reduced its stake in the airline by selling shares worth …
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SpiceJet’s share price has defied expectations by rallying 3% despite receiving a ‘reduce’ call from HSBC, a prominent global financial services firm. …
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Rakesh Gangwal, the co-founder of InterGlobe Aviation, is reportedly preparing to divest a significant portion of his stake in IndiGo Airlines (6E), …