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IndiGo crashes 19% on promoter feud; here's what analysts say

... after which IndiGo and other airlines raced to take Jet's coveted slots at airports, Reuters reported. Click here for all you need to know about filing income tax return this year. 0Comments. Save. Read more on. IndiGo share price · Shareholders' agreement.
Wednesday, July 10, 2019

IndiGo Shares Fall To Lowest Since March As Co-Founder Alleges Misgovernance

InterGlobe Aviation shares fell as much as 19 per cent on Wednesday after one of the co-founders of India's largest airline, IndiGo, alleged violation of corporate governance rules at the parent group. InterGlobe shares hit their lowest since March and were on ...
Wednesday, July 10, 2019

Billionaire Founders Of IndiGo Intensify Feud, Stock Drops 19%

The board of InterGlobe Aviation Ltd., which operates IndiGo, has received a letter dated July 8 from Mr Gangwal, informing the company that he has sought help from the Securities and Exchange Board of India, according a stock exchange filing by the carrier on Tuesday. Sebi has asked the company to respond to the letter by July 19, with which ... said in a note to clients, reiterating his recommendation to sell IndiGo shares. "The uncertainty regarding the final resolution could cause weakness in the stock price.".
Wednesday, July 10, 2019

IndiGo's pain is SpiceJet's gain: Ajay Singh-led airline rises over 9% in early trade

SpiceJet share price rose in early trade today after investors shunned InterGlobe Aviation stock amid one of its promoter Rakesh Gangwal flagging serious corporate governance lapses at the airline. In a letter to market regulator SEBI on Tuesday, Gangwal ...
Wednesday, July 10, 2019

Buzzing stocks: NHPC, Indigo, YES Bank, ZEEL

Shares of Unitech (number of shares traded: 0.23 crore), YES Bank (number of shares traded: 0.17 crore), Rail Vikas Nigam (number of shares traded: 0.13 crore), ZEEL (number of shares traded: 0.12 crore), PNB (number of shares traded: 0.11 crore), BHEL ...
Tuesday, May 28, 2019

Live: Nifty Tests 11900; PNB Swings After Q4 Results

Shares of Kirloskar Oil Engines rose as much as 13.9 percent to Rs 205. Trading volume was almost 12 times its 20-day average, Bloomberg data showed. The Relative Strength Index was above 70, indicating that the stock may be overbought. Of the shares ...
Tuesday, May 28, 2019