InterGlobe Aviation Records ₹54.62 Crore Block Trade on NSE at ₹5394.50 Per Share 1 day ago Yesterday
InterGlobe Aviation recorded a block trade on the NSE involving approximately 1,01,245 shares at ₹5394.50 per share, aggregating to ₹54.62 crores. Block trades of this size are typically associated with institutional-level participation and are closely monitored by market observers. The transaction reflects notable trading activity in the aviation major's stock on the exchange.
InterGlobe Aviation Records ₹30.81 Crore Block Trade on NSE at ₹5132.50 Per Share
InterGlobe Aviation recorded a block trade on the NSE involving approximately 60,028 shares at ₹5132.50 per share, with the total transaction valued at ₹30.81 crores. Block trades of this size typically reflect institutional participation and are executed to limit market impact. The transaction underscores active institutional interest in the aviation company's stock.
24Jul 26
Citi Maintains Buy on InterGlobe with ₹5,800 Target; JPM Stays Neutral at ₹4,740 Amid Fuel Cost Concerns
Citi maintains a Buy rating on InterGlobe Aviation with a target price of ₹5,800, supported by strong yields and a greater than 25% PRASK guidance, despite a Q1 EBITDA and PAT miss driven by sharp fuel cost inflation. JPMorgan retains a Neutral rating with a target price of ₹4,740, noting Q1 missed estimates on higher fuel and non-fuel costs, while raising its FY27 EPS estimate by 47% on stronger pricing. Both brokerages identify elevated fuel costs and earnings volatility as key near-term risks for the airline.
InterGlobe Aviation Records ₹45.22 Crore Block Trade on NSE at ₹5376.50 Per Share
InterGlobe Aviation recorded a block trade on the NSE involving approximately 84,103 shares at ₹5376.50 per share, with a total deal value of ₹45.22 crores. Such large-scale transactions are typically executed by institutional investors outside the regular order book to minimize market impact.
Goldman Sachs, HSBC, Jefferies & JPMorgan Weigh In on InterGlobe Aviation
Four major brokerages have issued assessments on InterGlobe Aviation, with Goldman Sachs, HSBC, and Jefferies maintaining Buy ratings at ₹5,300, ₹5,545, and ₹5,380 respectively, while JPMorgan holds a Neutral stance at ₹4,610. Key themes include a ~900-aircraft order book, international mix rising to 40% by FY30, single-digit FY27 capacity growth accelerating to mid-teens, and a government ₹10,000 crore ATF stabilisation fund over 36 months supporting cost predictability.
Jefferies Maintains Buy on InterGlobe Aviation, Trims Target Price to ₹5,380 Amid Clouded Near-Term Outlook
Jefferies has maintained a Buy rating on InterGlobe Aviation while trimming its target price to ₹5,380 from ₹5,500, citing a clouded near-term outlook and muted performance. The brokerage expects mid-teen revenue growth driven by pricing and notes a strategic focus on capacity optimization. FY27 EPS estimates have been cut by 5–27%, reflecting tempered earnings expectations, though the Buy rating signals continued long-term confidence in the company.
InterGlobe Aviation Records ₹487.33 Crores Block Trade on NSE at ₹4476.40 Per Share
InterGlobe Aviation Ltd. recorded a block trade on the NSE involving approximately 1,088,672 shares at ₹4476.40 per share, aggregating to ₹487.33 crores. Such large-scale block trades are closely monitored by market participants as indicators of significant institutional or high-net-worth activity in the company's scrip.
08May 26
DFS Secretary Announces Top 3 Airlines Could Receive Up To ₹1,500 Crores Each
The DFS Secretary has announced that the top 3 airlines in India could each receive up to ₹1,500 crores in financial support. Interglobe Aviation is among the airlines referenced in connection with this announcement. The development marks a significant potential capital event for India's leading aviation sector players. No additional details on terms or timelines were provided in the available information.
Morgan Stanley Maintains Overweight Rating on InterGlobe Aviation with Revised Target Price of ₹5,913
Morgan Stanley maintains its Overweight rating on InterGlobe Aviation with a revised target price of ₹5,913. The brokerage expects near-term headwinds in H1FY27 from higher oil prices, weak demand, and currency depreciation, but anticipates recovery in H2FY27. The company's strong cost advantages and balance sheet resilience support the long-term outlook, with the stock trading at an attractive FY28 EV/EBITDA valuation of approximately 8x versus the 10-year median of around 9x.
16Apr 26
IndiGo Takes Equity Stake in Air-Taxi Startup Sarla Aviation to Support eVTOL Initiative
IndiGo has taken an equity stake in air-taxi startup Sarla Aviation, marking its strategic entry into the eVTOL aircraft market. This investment demonstrates the airline's commitment to urban air mobility solutions and sustainable aviation technologies. The partnership positions IndiGo to explore new transportation opportunities beyond traditional commercial aviation operations.
InterGlobe Aviation Records Rs. 72.05 Crore NSE Block Trade at Rs. 4687.10
InterGlobe Aviation recorded a significant NSE block trade valued at Rs. 72.05 crores involving 153,724 shares at Rs. 4687.10 per share. The transaction demonstrates substantial institutional investor activity and represents strategic portfolio adjustments by large financial institutions in the aviation sector.
HSBC Maintains Buy Rating on InterGlobe Aviation, Cuts Target Price to Rs 5,210
HSBC has maintained its Buy rating on InterGlobe Aviation while cutting the target price from Rs 5,860 to Rs 5,210. The revision reflects concerns over higher oil prices, INR depreciation, flight cancellations, and limited fuel surcharge offset capabilities. Despite potential summer capacity cuts, the brokerage expects underlying fares to remain firm, supporting the continued Buy recommendation.
IOC Clarifies ATF Price Increase at 8.5%, Corrects Earlier 115% Notification
Indian Oil Corporation has corrected its earlier notification regarding Aviation Turbine Fuel pricing, confirming an 8.5% increase instead of the previously stated 115%. This clarification provides significant relief to domestic airlines including IndiGo, as the actual increase is substantially more manageable for operational costs and fare planning.
27Mar 26
Parliamentary Audit Reveals Half of Commercial Aircraft Report Technical Faults, IndiGo Records Highest Cases
A parliamentary audit has revealed that half of all commercial aircraft have reported technical faults, with IndiGo recording the highest number of cases among carriers. The findings have prompted calls for comprehensive aviation sector reforms and enhanced safety measures to address widespread technical issues affecting commercial aviation operations.
Goldman Sachs Maintains Buy Rating on IndiGo, Cuts Target Price to Rs 5200
Goldman Sachs has maintained its Buy rating on IndiGo while reducing the target price from Rs 6000 to Rs 5200. The revision reflects near-term pressures from higher fuel costs, supply constraints, and weak Middle East traffic leading to estimate cuts. However, the brokerage remains positive on the long-term outlook, citing IndiGo's strong cost control, robust balance sheet, and the ongoing consolidation theme in the aviation sector as key supporting factors.