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BSE, IndiGo likely to replace IndusInd Bank, Hero MotoCorp making way in Nifty50 index
The potential inclusion of BSE Ltd and InterGlobe Aviation in the Nifty 50 index could influence market dynamics by altering investor portfolios and impacting stock liquidity start...
Read Full Article →IndiGo in for a crash course in surge in insurance costs
IndiGo Airlines is expected to face increased aviation insurance expenses as rising geopolitical tensions and reduced reinsurance availability create a challenging environment foll...
Read Full Article →Gainers & Losers: IndiGo, Cochin Shipyard among 11 stocks in action on Friday
Despite overall market declines influenced by geopolitical tensions and rising oil prices, select sectors such as shipping and defense showed strength, while some prominent compani...
Read Full Article →IndiGo shares plunge 6% as promoter plans $1 billion stake sale
The move by InterGlobe Enterprises to reduce its substantial holding could considerably impact IndiGo’s market valuation and investor confidence amid efforts to generate significan...
Read Full Article →IndiGo, SpiceJet shares fall over 3% after Air India flight crashes in Ahmedabad
Shares of InterGlobe Aviation and SpiceJet declined by over 3%, influenced by the recent aircraft accident and overall market volatility, despite InterGlobe’s reported strong quart...
Read Full Article →Rakesh Gangwal, family trust sell 5.7% stake in IndiGo for Rs 11,559 crore
Rakesh Gangwal and his family trust divested a significant portion of their holding in the airline, generating proceeds estimated at over one billion US dollars from this transacti...
Read Full Article →Gangwal family to sell 3.4% stake in IndiGo via Rs 6,831-crore block deal
Rakesh Gangwal and his family are monetizing a portion of their holdings in IndiGo through a sizable transaction valued at over ₹6,800 crore, reflecting ongoing portfolio rebalanci...
Read Full Article →IndiGo Q4 Results: Cons PAT jumps 62% YoY to Rs 3,067 crore; Rs 10 per share dividend declared
InterGlobe Aviation achieved substantial year-over-year growth in net profit for the fourth quarter, reaching Rs 3,067 crore, and announced a Rs 10 per share dividend for sharehold...
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