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IndiGo shares give up half of Wednesday's gains after oil jump, HSBC target cut
IndiGo said it has only partially passed on the higher fuel costs to customers in a bid to support demand.
IndiGo, Asian Paints, other crude-sensitive shares plunge up to 4% as oil soars back above $110
Crude-sensitive stocks including airlines, paint and tyre makers fell up to 4% as Brent crude surged above $110 amid escalating geopolitical tensions. Rising oil prices are expected to pressure margins and fuel costs, with analysts warning of potential impact on India’s macroeconomic indicators if elevated prices persist.
Stocks to watch, March 16: IndiGo, Adani Power, Adani Total Gas, Ramky Infra, Waaree Energies, Zydus Life, JSW Steel, Hindalco - Upstox
Stocks to watch, March 16: IndiGo, Adani Power, Adani Total Gas, Ramky Infra, Waaree Energies, Zydus Life, JSW Steel, HindalcoUpstox
Stocks to Watch for March 16: IndiGo, Jindal Stainless, GMR Airports, Voltas and more
Jindal Stainless faces disruptions from West Asia war. SEAMEC Ltd wins ₹410.74 crore ONGC contract. GMR Airports to upgrade Cargo Terminal-1 at Indira Gandhi Airport. Here are few stocks to keep an eye on ahead of Monday's trading session.
IndiGo introduces new fuel charge on tickets to ride out ATF price storm unleashed by Iran war
IndiGo airfare hike: With fuel prices remaining uncertain amid the geopolitical tensions, aviation analysts expect ticket prices to remain volatile in the coming weeks, with airlines continuing to recalibrate surcharges and fares depending on the trajectory of oil markets and regional security developments.
Oil tops $100 amid Iran-Israel tensions; Asian Paints, IndiGo and other crude-sensitive stocks fall up to 4%
Crude oil prices surged past $100 per barrel due to escalating Middle East tensions. This development impacted shares of paint, tyre, and airline companies, with significant drops observed. Iran's actions, including attacks on tankers and fuel facilities, have heightened concerns about regional security and oil supply.
Stocks to watch: IndiGo, Reliance Industries, Adani Enterprises among 10 shares in focus on Wednesday
Stock market today: The Indian stock market is expected to open lower on Wednesday, tracking mixed global cues amid caution surrounding the US-Iran conflict.
Stocks to watch: IndiGo, Reliance Industries, Adani Enterprises among 10 shares in focus on Wednesday - Mint
Stocks to watch: IndiGo, Reliance Industries, Adani Enterprises among 10 shares in focus on WednesdayMint
Stocks in news: Nazara Technologies, IndiGo, Hindustan Zinc, NTPC Green, RIL
Indian markets saw a strong rebound on Tuesday, recovering some losses. Global cues improved and crude oil price worries eased. Several companies are in focus today. Nazara Technologies saw a significant block deal. IndiGo's CEO stepped down. RIL is boosting LPG production. Vedanta calls for unlocking domestic resources. NTPC Green Energy added new solar capacity.
Why may IndiGo's parent InterGlobe Aviation shares have a gap-down opening on Wednesday? Explained
InterGlobe Aviation shares may open lower following CEO Pieter Elbers' resignation for personal reasons. Rahul Bhatia steps in as interim CEO. The company’s shares have lost 10% of their value since the start of the US-Iran war in February, which led to a massive rise in crude oil prices.
'Main Hoon Naa': IndiGo Co-Founder Rahul Bhatia tells staff after Pieter Elbers exit
IndiGo's Co-Founder Rahul Bhatia is now managing the airline. This follows the sudden departure of CEO Pieter Elbers. Bhatia has assured staff of his deep responsibility. He acknowledged past operational issues that affected customers and employees. Bhatia praised colleagues for their efforts in restoring services. IndiGo is a major player in India's aviation market.
IndiGo, SpiceJet shares rally up to 8% on easing oil prices
Notably, airline companies benefit from lower fuel prices, as aviation turbine fuel (ATF) accounts for a significant portion of their operating costs