{"id":114506,"date":"2023-11-28T12:59:33","date_gmt":"2023-11-28T07:29:33","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=114506"},"modified":"2023-11-28T12:59:37","modified_gmt":"2023-11-28T07:29:37","slug":"aviation-stock-jumps-2-6-after-company-signed-an-mou-with-noida-international-airport","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/aviation-stock-jumps-2-6-after-company-signed-an-mou-with-noida-international-airport\/","title":{"rendered":"Aviation stock jumps 2.6% after company signed an MoU with Noida International Airport"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1728455979\"><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>After the company signed a memorandum of understanding (MoU) to become the airport&#8217;s launch carrier, its share price in the aviation industry increased by as much as 1.35 percent.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-991632064\"><!-- 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>With a market capitalization of Rs 1,00,440.29 Crores. InterGlobe Aviation Ltd, On Tuesday, The shares were trading at Rs 2,617.90 a share, an increase of 1.91 percent from the previous closing price.&nbsp;<\/p><p>According to the Economic Times, Noida International Airport (NIA) signed a memorandum of understanding (MoU) to become the airport&#8217;s launch carrier with InterGlobe Aviation Ltd. As per this agreement, NIA and IndiGo will collaborate to enhance and expand air connectivity between both inside and outside of Uttar Pradesh. The collaboration will also investigate fresh and creative concepts in an effort to improve customer satisfaction and operational effectiveness.&nbsp;<\/p><p>In addition to the above para, By the end of 2024, the first phase of the Noida International Airport will be operational. It will have one runway and one terminal, and it can accommodate 12 million passengers annually. The airport will be able to handle 70 million passengers annually once the fourth phase is finished.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2934736436\"><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>Looking into the company&#8217;s performance, InterGlobe Aviation Ltd\u2019s revenue increased by 19.57 percent from Rs 12,498 Crore in Q2FY23 to Rs 14,944 Crore in Q2FY24. During the same period, net profits increased by 112 percent from a loss of Rs 1,585 crore to Rs 188 crore.&nbsp;<\/p><p>InterGlobe Aviation Ltd\u2019s recent shareholding pattern, The Promoters of the Company own 63.25 percent while Retail shareholders own a 3.16 percent stake in the company and Foreign Institutional Investors own a 3.16 percent stake.&nbsp;<\/p><p>India&#8217;s biggest passenger airline, Interglobe Aviation Ltd. (Indigo), is a low-cost carrier. It delivers a straightforward, unbundled product to passengers, living up to its unique brand promise of offering \u201ccheap fares, on-time flights, and a courteous and hassle-free service\u201d to clients.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by:- Abhishek Singh<\/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-989580758\"><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>After the company signed a memorandum of understanding (MoU) to become the airport&#8217;s launch carrier, its share price in the aviation industry increased by as much as 1.35 percent.&nbsp; With a market capitalization of Rs 1,00,440.29 Crores. InterGlobe Aviation Ltd, On Tuesday, The shares were trading at Rs 2,617.90 a share, an increase of 1.91 [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":48867,"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":[9611,14730,8943,948,936],"class_list":["post-114506","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-interglobe-aviation-latest-news","tag-interglobe-aviation-mou","tag-interglobe-aviation-share-price","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>Aviation stock jumps 2.6% after company signed an MoU with Noida International Airport - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"After the company signed a memorandum of understanding (MoU) to become the airport&#039;s launch carrier, its share price in the aviation industry increased by as much as 1.35 percent.\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\/aviation-stock-jumps-2-6-after-company-signed-an-mou-with-noida-international-airport\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aviation stock jumps 2.6% after company signed an MoU with Noida International Airport\" \/>\n<meta property=\"og:description\" content=\"After the company signed a memorandum of understanding (MoU) to become the airport&#039;s launch carrier, its share price in the aviation industry increased by as much as 1.35 percent.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/aviation-stock-jumps-2-6-after-company-signed-an-mou-with-noida-international-airport\/\" \/>\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=\"2023-11-28T07:29:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-28T07:29:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/06\/Airlines-Parked-Cover-Image-1.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\/aviation-stock-jumps-2-6-after-company-signed-an-mou-with-noida-international-airport\/\",\"url\":\"https:\/\/tradebrains.in\/features\/aviation-stock-jumps-2-6-after-company-signed-an-mou-with-noida-international-airport\/\",\"name\":\"Aviation stock jumps 2.6% after company signed an MoU with Noida International Airport - 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