INTERGLOBE AVIATION (INDIGO)
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Rupee Opens 24 Paise Stronger at 94.66 as Brent Crude Plunges 11%
The Indian rupee opened at 94.66 per dollar on Tuesday, up from Monday's close of 94.90, after Brent crude fell 11% on hopes of a resolution to the US-Israeli war with Iran. India imports about 90% of its oil requirement, so the price drop eases import bill concerns and supports the currency. Crude-sensitive stocks rallied, with IndiGo up 4% and HPCL up 3.5%, while upstream ONGC and Oil India fell up to 2% as Brent held below $105 per barrel.
IndiGo Q2FY27 loss narrows to ₹1,879 crore as fuel costs bite
IndiGo reported a Q2FY27 net loss of ₹1,879 crore, narrower than the prior quarter, with elevated fuel costs continuing to weigh on results. Shares rose 2% following the print as brokerages including Jefferies weighed in on the outlook. The focus now shifts to whether cost pressures ease and how the airline guides for the remainder of the fiscal year.
IndiGo grabs record 67.4% share as India's air traffic falls 4.8%
India's domestic air passenger traffic declined 4.8% in July, while IndiGo's market share soared to a record 67.4%, consolidating its dominance amid the overall slowdown. The drop reflects broader demand weakness, but IndiGo's growth suggests a shift in competitive dynamics.
IndiGo Q1 loss prompts share dip
Listen to this article in summarized format The shares of the company tumbled to Rs 4,886 apiece on NSE on Friday morning, after the airline released its Q1 results on Thursday. Revenue from operations rose 20% year-on-year (YoY) to Rs 24,584 crore in Q1 FY27 from Rs 20,496 crore in the corresponding quarter of the previous financial year. However, operating costs outpaced revenue growth, with total expenses surging 34% YoY to Rs 25,853 crore.
IndiGo shares climb 5% over two sessions after Q2 results
InterGlobe Aviation shares have risen nearly 5 per cent across the past two trading sessions, extending gains booked after the airline reported its Q2 results. The advance has been supported by softer oil prices and by the government's weekend notification of the Bharatiya Vayuyan Niyam, 2026, a new set of rules governing India's civil aviation sector. Separately, CEO Willie Walsh, at his first in-person briefing since taking charge in August, said the airline sees many opportunities and will navigate a challenging industry situation, with wide-body A350 aircraft expected to begin arriving in the second quarter of 2028.
Intelligence feed· 9 articles in 1440m
IndiGo, Indian Oil and other crude-sensitive stocks rally up to 4% as oil dips below $105/bbl. Where are prices headed?
New: IndiGo, Indian Oil and other crude-sensitive stocks rally up to 4% as oil dips below $105/bbl. Where are prices headed?
Crude-sensitive stocks gain as oil stays below $105; HPCL, IndiGo rise
New: Crude-sensitive stocks gain as oil stays below $105; HPCL, IndiGo rise
Rupee gains 24 paise to 94.66 against dollar: What lies ahead - CNBC TV18
New: Rupee gains 24 paise to 94.66 against dollar: What lies ahead - CNBC TV18
Indian bond rally seen extending on weaker oil, Treasury yields
New: Indian bond rally seen extending on weaker oil, Treasury yields
Rupee to benefit from oil plunge while facing technical resistance, dollar strength
New: Rupee to benefit from oil plunge while facing technical resistance, dollar strength
Stock Market LIVE: GIFT Nifty signals gap-up open; Asia markets decline on tech selloff
New: Stock Market LIVE: GIFT Nifty signals gap-up open; Asia markets decline on tech selloff
Sensex Today | Nifty 50 | Stock Market Live Updates: GIFT Nifty signals a positive start; Asian shares trade lower - The Economic Times
New: Sensex Today | Nifty 50 | Stock Market Live Updates: GIFT Nifty signals a positive start; Asian shares trade lower - The Economic Times
Stock market today: Gift Nifty signals 150-point gap-up opening
New: Stock market today: Gift Nifty signals 150-point gap-up opening
Sensex Today | Stock Market LIVE Updates: Nifty aims to extend gains past 23,500 on expiry as oil prices sink
Story first reported.