IndiGo Q4 results fail to excite Street? Here’s what brokerages say
IndiGo share price NSE: Interglobe Aviation — which owns and operates airline IndiGo — faced selling pressure on Dalal Street on Friday, a day after the company a 35.4 per cent sequential fall in net profit to Rs 919.2 crore for the January-March period.
IndiGo share price target: JP Morgan maintained its ‘overweight’ rating on IndiGo after the company’s earnings announcement and raised its target price by Rs 300 to Rs 2,700. Image: Reuters