Indigo share price

IndiGo: Co-founder Rakesh Gangwal's family likely to sell stake worth up to Rs 7,500 crore The family of IndiGo's co-founder Rakesh Gangwal was likely to sell between 5%-8% stake in the Indian airline's parent InterGlobe Aviation Ltd, worth upto 75 billion rupees ($909.58 million), CNBC Awaaz said in a report, citing sources. • • • • • The Gangwal family will likely sell stakes in block deals when the lock-in for shares opens on July 15, the report said. Shobha Gangwal had cut her stake in the company by over 4 per cent in February. Interglobe Aviation and a representative for the Gangwal family did not immediately respond to Reuters' request for comment. Rakesh Gangwal resigned from the company's board in Feb. 2022 and had said that he would cut his stake in the airline over five years. Rakesh Gangwal and Rahul Bhatia, who co-founded IndiGo in 2006, fell out in early 2020 when the former sought to modify certain rules in the company's articles of association. Shares of the company, which are up over 19% year to date, fell as much as 3.1% after the stake sale report. ($1 = 82.4560 Indian rupees) INDIGO SHARE PRICE Shares of InterGlobe Aviation slipped over 3 per cent during the trade on Monday. At the time of writing this news, the stock was trading 2.79 per cent lower at Rs 2,393.10 on the BSE. In comparison, the S&P BSE Sensex was trading 139 points, or 0.22 per cent higher at 62,764.29 levels. Catch the latest stock market updates Get Latest Business News, Stock Market ...

IndiGo on May 18 reported a record profit of ₹919.2 crore for the March quarter on the back of robust demand for air travel during the period. The total income for the airline during the quarter rose by 78 per cent year-on-year to ₹14,600 crore. The management said that the forward bookings remain robust and the airline will expand further in Central and South Asia, along with the Middle East. The airline is also in the process to hire 5,000 employees and aims to double its size by 2030. Brokerages positive Top brokerage firms are positive about the stock. Brokerage firm ICICI Securities has a buy call on the stock with a target price of ₹3,000 underscoring favourable supply-demand and a strong balance sheet of the firm. The brokerage firm highlighted that ₹12,200 crore versus ₹10,600 crore as of December 2022 and a low of ₹7,760 crore as of March 2022. Including restricted cash, total cash stands at ₹23,400 crore currently. The company has debt (excluding lease liability) of ₹3,300 crore as of March 2023, implying net free cash of ₹20,100 crore including restricted cash and ₹8,800 crore excluding restricted cash. "We maintain a tight-supply outlook on Indian aviation in the domestic segment in the near to medium term on the back of (1) replacement cycle by big players like IndiGo and Tata group, (2) weaker balance sheet for smaller airlines post covid, and (3) internationalisation of Indian airlines. This results in a good yield outlook and, in turn, profitability," said ...

NAME P/E (x) P/B (x) ROE % ROCE % ROA % Rev CAGR [3Yr] OPM NPM Basic EPS Current Ratio Total Debt/ Equity (x) Total Debt/ CFO (x) 50.69 8.62 16.99 19.71 12.42 19.82 14.65 12.29 27.73 1.96 0.00 0.00 76.95 19.21 25.67 32.33 15.91 19.14 16.78 11.89 42.83 2.09 0.06 0.23 76.49 14.60 19.12 25.53 10.78 17.98 12.06 8.26 8.86 1.40 0.26 0.00 52.32 5.43 10.44 13.83 7.50 12.44 8.80 6.21 8.79 2.52 0.04 0.39 33.21 8.45 25.45 31.83 12.22 12.23 12.36 8.81 73.58 1.48 0.00 0.00 Add More Meeting Date Announced on Purpose Details May 26, 2023 May 11, 2023 Board Meeting Audited Results & Final Dividend Feb 10, 2023 Jan 12, 2023 Board Meeting Quarterly Results Nov 03, 2022 Oct 14, 2022 Board Meeting Quarterly Results Aug 05, 2022 Jul 06, 2022 Board Meeting Quarterly Results May 20, 2022 May 02, 2022 Board Meeting Audited Results & Final Dividend • About Indigo Paints Indigo Paints Ltd., incorporated in the year 2000, is a Small Cap company (having a market cap of Rs 6,687.82 Crore) operating in Building Materials sector. Indigo Paints Ltd. key Products/Revenue Segments include Paints, Enamels, Varnishes, Other Operating Revenue and Scrap for the year ending 31-Mar-2022. For the quarter ended 31-03-2023, the company has reported a Standalone Total Income of Rs 328.28 Crore, up 15.17 % from last quarter Total Income of Rs 285.04 Crore and up 12.86 % from last year same quarter Total Income of Rs 290.88 Crore. Company has reported net profit after tax of Rs 48.68 Crore in latest quarter. The compa...

Indigo Airlines Update: देश की सबसे बड़ी निजी एयरलाइंस इंडिगो के नाम से ऑपरेट करने वाली कंपनी इंटरग्लोब एविएशन के को-फाउंडर गंगवाल परिवार एयरलाइंस में अपनी 5 से 8 फीसदी के करीब हिस्सेदारी बेचने की तैयारी में है. गंगवाल परिवार ब्लॉक डील्स में 15 जुलाई को एयरलाइंस में अपनी हिस्सेदारी बेचेगी. गंगवाल परिवार इंटरग्लोब एविएशन में 5 से 8 फीसदी हिस्सेदारी करीब 7500 करोड़ रुपये तक में बेच सकती है. 31 मार्च 2023 को खत्म तिमाही पर राकेश गंगवाल के पास इंटरग्लोब एविएशन का 13.23 फीसदी स्टेक है तो उनकी पत्नी शोभा गंगवाल के पास 2.99 फीसदी हिस्सेदारी है. इतना ही नहीं उनके चिंकरपु फैमिली ट्रस्ट (Chinkerpoo Family Trust) के पास 13.5 फीसदी हिस्सेदारी है. इससे पहले इस वर्ष फरवरी में शोभा गंगवाल ने कंपनी में अपनी 4 फीसदी हिस्सेदारी 2900 करोड़ रुपये में बेचा था. सितंबर 2022 में भी 2000 रुपये में 2.8 फीसदी बेचा गया था. गंगवाल परिवार के इंटरग्लोब एविएशन में हिस्सेदारी घटाने की खबर सामने आने के बाद कंपनी के स्टॉक में बड़ी गिरावट देखने को मिली है. कंपनी का शेयर 2.88 फीसदी की गिरावट के साथ 2392 रुपये पर ट्रेड कर रहा है. मार्च में स्टॉक ने 1825 रुपये के लेवल से शानदार रिकवरी दिखाई थी. तीन महीने में शेयर ने 27 फीसदी और एक साल में 33 फीसदी का रिटर्न दे चुका है. आपको बता दें फरवरी 2022 में इंटरग्लोब एविएशन (InterGlobe Aviation) के को-फाउंडर राकेश गंगवाल ने तत्काल प्रभाव से डॉयरेक्टर पद से इस्तीफा दे दिया था. ये कयास लगाया जा रहा था कि कंपनी के दूसरे को-फाउंडर राहुल भाटिया के साथ जारी विवाद के चलते उन्होंने इस्तीफा दिया था. राकेश गंगवाल ने इंडिगो बोर्ड को लिखे एक पत्र में कहा था कि इंटरग्लोब एविएशन में अप...