What should investors do in IndiGo? Brokerage reduced target by 12%, shares fell by 3% in early trade – Market

IndiGo Share Price: Shares of aviation sector giant IndiGo appeared under pressure on Thursday. The stock fell by about 3 percent during trading. After the departure of aviation company CEO Peter Albers, brokerage CITI has reduced its target price on IndiGo shares. However, the brokerage has still maintained a Buy rating on the stock. Source

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Airline Stocks: Middle East war increases tension in tourism sector, airline and travel stocks fall by 14% – Market

Iran-Israel War Tension: War tension in the Middle East has had a direct impact on Indian aviation and tourism stocks… highlights Flights have been disrupted due to closure of airspace in the Middle East following the US-Israel attacks on Iran. This had an impact on Indian aviation and tourism stocks. On Monday, shares of IndiGo,…

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Cathay Pacific, AirAsia

Global airline stocks such as Hong Kong’s Cathay Pacific, Malaysia’s AirAsia The Middle East conflict not only led to a spike in crude oil prices — a key input cost for the airlines — but also caused travel disruptions, forcing air closures and cancellations of flights as key Middle Eastern hubs, including Dubai and Doha,…

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IndiGo share price: IndiGo shares fell due to 78% decline in profit – what should investors do now? – market

IndiGo Stock Price: Despite the operational problems of the past few days, the brokerage’s view on IndiGo’s stock is quite bullish… highlights Shares of IndiGo’s parent company InterGlobe Aviation witnessed sharp selling after reporting a huge decline in profits in the December quarter. Shares of InterGlobe Aviation fell 4% on Friday, January 23. Despite the…

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