{"id":113196,"date":"2023-11-06T11:59:59","date_gmt":"2023-11-06T06:29:59","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=113196"},"modified":"2023-11-06T12:00:04","modified_gmt":"2023-11-06T06:30:04","slug":"analyst-upgrades-interglobe-aviation-to-buy-rating-check-the-target-here","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/analyst-upgrades-interglobe-aviation-to-buy-rating-check-the-target-here\/","title":{"rendered":"Analyst upgrades Interglobe aviation to buy rating; Check the target here"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4065658202\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Shares of this leading airline company in India gained 2.6 percent after the company reported robust growth in Q2FY24, UBS also gave buy rating for the company at the target price of Rs. 3,000 per share.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3421357045\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>At 10:05 6th november, shares of <a href=\"https:\/\/portal.tradebrains.in\/stock\/INDIGO\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Interglobe aviation<\/strong><\/a> were trading at Rs. 2,575.70 per share, up by 2.65 percent from previous closing price of Rs. 2,509.20 per share. The company has a market capitalization of Rs. 96,773 crores.\u00a0<\/p><p>Such bullish stock price movements were observed after the company reported 20.6 percent revenue growth in Q2FY24 compared to the same quarter of previous financial year. Revenue went from Rs. 12,852 crores in Q2FY23 to Rs. 15,502.9 crores in Q2FY24. Moreover, the company generated a profit of Rs. 187.85 crores in this quarter compared to a loss of Rs.1,580 crores in the same quarter of previous financial year.&nbsp;<\/p><p><strong>In addition,UBS has reconfirmed its &#8216;buy&#8217; rating for IndiGo, setting a target price of \u20b93,000 per share which is an upside of almost 16.5 percent.<\/strong> The brokerage noted that the airline delivered a strong performance in a seasonally challenging second quarter. Furthermore, UBS pointed out that IndiGo&#8217;s available seat per kilometre (ASK) would face a substantial impact starting from the fourth quarter.\u00a0<\/p><div class=\"trade-content_5\" id=\"trade-1369914477\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The company&#8217;s promoters possess roughly 63.24 percent of the shares, while the foreign institutional investors (FIIs) own 20.29 percent with domestic institutional investors (DIIs) holding about 13.32 percent leaving the remaining 3.15 percent in the hands of the public.&nbsp;<\/p><p>InterGlobe Aviation Limited (Indigo) is an Indian budget airline with its main offices located in Gurgaon, Haryana, India. It holds the position of being the biggest airline in India in terms of the number of passengers it transports and the size of its aircraft fleet. As of July 2023, it commands a significant 63.4% share of the domestic aviation market.\u00a0<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Vinit Israni&nbsp;<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-1742842515\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Shares of this leading airline company in India gained 2.6 percent after the company reported robust growth in Q2FY24, UBS also gave buy rating for the company at the target price of Rs. 3,000 per share.&nbsp; At 10:05 6th november, shares of Interglobe aviation were trading at Rs. 2,575.70 per share, up by 2.65 percent [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":21265,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[9611,8943,14035,4086,948,936],"class_list":["post-113196","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-interglobe-aviation-latest-news","tag-interglobe-aviation-share-price","tag-interglobe-aviation-share-target","tag-is-it-good-to-buy-interglobe-aviation","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Analyst upgrades Interglobe aviation to buy rating; Check the target here - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Shares of this leading airline company in India gained 2.6 percent after the company reported robust growth in Q2FY24, UBS also gave buy rating for the company at the target price of Rs. 3,000 per share.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/analyst-upgrades-interglobe-aviation-to-buy-rating-check-the-target-here\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Analyst upgrades Interglobe aviation to buy rating; Check the target here\" \/>\n<meta property=\"og:description\" content=\"Shares of this leading airline company in India gained 2.6 percent after the company reported robust growth in Q2FY24, UBS also gave buy rating for the company at the target price of Rs. 3,000 per share.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/analyst-upgrades-interglobe-aviation-to-buy-rating-check-the-target-here\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-06T06:29:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-06T06:30:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Indigo-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/analyst-upgrades-interglobe-aviation-to-buy-rating-check-the-target-here\/\",\"url\":\"https:\/\/tradebrains.in\/features\/analyst-upgrades-interglobe-aviation-to-buy-rating-check-the-target-here\/\",\"name\":\"Analyst upgrades Interglobe aviation to buy rating; Check the target here - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/analyst-upgrades-interglobe-aviation-to-buy-rating-check-the-target-here\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/analyst-upgrades-interglobe-aviation-to-buy-rating-check-the-target-here\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Indigo-Cover-Image.jpg\",\"datePublished\":\"2023-11-06T06:29:59+00:00\",\"dateModified\":\"2023-11-06T06:30:04+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"Shares of this leading airline company in India gained 2.6 percent after the company reported robust growth in Q2FY24, UBS also gave buy rating for the company at the target price of Rs. 3,000 per share.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/analyst-upgrades-interglobe-aviation-to-buy-rating-check-the-target-here\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/analyst-upgrades-interglobe-aviation-to-buy-rating-check-the-target-here\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/analyst-upgrades-interglobe-aviation-to-buy-rating-check-the-target-here\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Indigo-Cover-Image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Indigo-Cover-Image.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/analyst-upgrades-interglobe-aviation-to-buy-rating-check-the-target-here\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Analyst upgrades Interglobe aviation to buy rating; Check the target here\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Analyst upgrades Interglobe aviation to buy rating; Check the target here - Trade Brains Features","description":"Shares of this leading airline company in India gained 2.6 percent after the company reported robust growth in Q2FY24, UBS also gave buy rating for the company at the target price of Rs. 3,000 per share.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/analyst-upgrades-interglobe-aviation-to-buy-rating-check-the-target-here\/","og_locale":"en_US","og_type":"article","og_title":"Analyst upgrades Interglobe aviation to buy rating; Check the target here","og_description":"Shares of this leading airline company in India gained 2.6 percent after the company reported robust growth in Q2FY24, UBS also gave buy rating for the company at the target price of Rs. 3,000 per share.\u00a0","og_url":"https:\/\/tradebrains.in\/features\/analyst-upgrades-interglobe-aviation-to-buy-rating-check-the-target-here\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2023-11-06T06:29:59+00:00","article_modified_time":"2023-11-06T06:30:04+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Indigo-Cover-Image.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/analyst-upgrades-interglobe-aviation-to-buy-rating-check-the-target-here\/","url":"https:\/\/tradebrains.in\/features\/analyst-upgrades-interglobe-aviation-to-buy-rating-check-the-target-here\/","name":"Analyst upgrades Interglobe aviation to buy rating; Check the target here - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/analyst-upgrades-interglobe-aviation-to-buy-rating-check-the-target-here\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/analyst-upgrades-interglobe-aviation-to-buy-rating-check-the-target-here\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Indigo-Cover-Image.jpg","datePublished":"2023-11-06T06:29:59+00:00","dateModified":"2023-11-06T06:30:04+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"Shares of this leading airline company in India gained 2.6 percent after the company reported robust growth in Q2FY24, UBS also gave buy rating for the company at the target price of Rs. 3,000 per share.\u00a0","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/analyst-upgrades-interglobe-aviation-to-buy-rating-check-the-target-here\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/analyst-upgrades-interglobe-aviation-to-buy-rating-check-the-target-here\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/analyst-upgrades-interglobe-aviation-to-buy-rating-check-the-target-here\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Indigo-Cover-Image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Indigo-Cover-Image.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/analyst-upgrades-interglobe-aviation-to-buy-rating-check-the-target-here\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Analyst upgrades Interglobe aviation to buy rating; Check the target here"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/113196","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=113196"}],"version-history":[{"count":2,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/113196\/revisions"}],"predecessor-version":[{"id":113201,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/113196\/revisions\/113201"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/21265"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=113196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=113196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=113196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}