back to top
HomeSTOCKSBuy This Share Immediately, It Will Touch The Level Of Rs 4154;...

Buy This Share Immediately, It Will Touch The Level Of Rs 4154; Bullish Rating

Hot Stocks Alert Join

Interglobe Aviation Ltd (NSE: INDIGO): Today, in this post we’ll discuss about Interglobe Aviation latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.

The stock market is trading at an all-time high. The aviation sector is also focused on market. 

Companies in the sector can increase prices. Airlines are taking these steps to reduce losses and improve the situation. 

Amidst this news, a stock is on the radar of domestic brokerage firm. The brokerage has given a bullish rating on Interglobal Aviation i.e. Indigo. A target of 20% upside has been given on the stock.

This Share Is Ready To Take-Off

Brokerage firm has preferred IndiGo for purchases from the aviation sector. BUY rating has been given for the share. 

An upside target of Rs 4154 has been given on the share. The brokerage report said that FY24 was better for Interglobe than the industry. Because other companies in the sector have suffered losses despite having exposure in the foreign market.

Strong Fundamentals For The Stock

The brokerage firm said in the report that the total loss of the industry in FY24 could be Rs 3000 to 4000 crore. Interglobe made a huge profit in the first nine months of last year’s financial year. Due to old losses and structural problems, the rest of the airlines are reduced to this.

It is difficult for other airlines to become profitable only through operational improvements. In such a situation, due to losses, aviation companies will have to increase prices.

In such a situation, due to an increase in prices, Interglobe’s profits will remain at historical levels in the coming time.

About Interglobe Aviation Ltd 

InterGlobe Aviation Limited (IndiGo) is an Indian company. It operates in the field of airline.

IndiGo is a company that specializes in air transport and pre-flight and post-flight ground-handling operations, which encompasses cargo and passenger services, as well as providing related services, like in-flight sales, ground handling, as well as other related services at airports.

IndiGo offers charter and scheduled air services, both for cargo and passengers.

IndiGo is home to an extensive fleet of 331 aircraft. They provide scheduled service to 78 domestic along with 22 foreign destinations.

The subsidiary of IndiGo, Agile Airport Services Private Limited is involved in providing ground handling and other related solutions to IndiGo at a variety of airports across India.

Fundamental Analysis of Interglobe Aviation Ltd

Market Cap₹ 1,43,777 Cr.
Current Price₹ 3,806
52-wk High₹ 3,995
52-wk Low₹ 1,865
Stock P/E20.0
Book Value₹ -77.5
Dividend0.00 %
ROCE6.90 %
ROE
Face Value₹ 10.0
P/B Value
OPM23.1 %
EPS₹ 186
Debt₹ 49,392 Cr.
Debt to Equity

Interglobe Aviation Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 3200₹ 3800
2025₹ 3543₹ 3765
2026₹ 3854₹ 3900
2027₹ 4000₹ 4231
2028₹ 4278₹ 4357
2029₹ 4435₹ 4654
2030₹ 4765₹ 4890
Hot Stocks Alert Join

Interglobe Aviation Ltd Shareholding Pattern

Promoters Holding
Mar 202367.86%
June 202367.77%
Sept 202363.25%
Dec 202363.12%
Mar 202457.29%
FII Holding
Mar 202319.43%
June 202319.76%
Sept 202320.29%
Dec 202318.70%
Mar 202423.66%
DII Holding
Mar 202310.43%
June 202310.37%
Sept 202313.25%
Dec 202314.65%
Mar 202415.03%
Hot Stocks Alert Join
Govt. Holding
Mar 20230.07%
June 20230.07%
Sept 20230.07%
Dec 20230.07%
Mar 20240.07%
Public Holding
Mar 20232.19%
June 20232.02%
Sept 20233.16%
Dec 20233.45%
Mar 20243.95%

Interglobe Aviation Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 28,497 Cr
2020₹ 35,756 Cr
2021₹ 14,641 Cr
2022₹ 25,931 Cr
2023₹ 65,240 Cr
Hot Stocks Alert Join

Last 5 Years’ Net Profit:

2019₹ 156 Cr
2020₹ -248 Cr
2021₹ -5,830 Cr
2022₹ -6,171 Cr
2023₹ 7,190 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20190.32
20200.06
202123.87
2022-0.65
2023-0.36

Last 10 Years’ Profit Growth:

10 Years:
5 Years:
3 Years:4%
Current Year:347%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:
3 Years:
Last Year:

Sales Growth Over 10 Years:

10 Years:19%
5 Years:19%
3 Years:15%
Current Year:35%

Conclusion

This article is a complete guide about Interglobe Aviation Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

If you are new to our website and want to get all the latest updates related to the stock market, join us on Telegram Group.

If you have any further queries, please comment below. We will be happy to answer all your questions. 

If you like this information, share the article with as many people as possible.

Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. We are here to provide timely updates about the stock market and financial products to help you make better investment choices.

BEST FOR YOU

LEAVE A REPLY

Please enter your comment!
Please enter your name here