INDIGO

INDIGO 

07.02.2022 - GS on INDIGO Maintain Neutral CMP 2161 Target 2150
07.02.2022 - Kotak Inst Eqt on INDIGO Maintain Buy CMP 2161 Target 3000

HSBC ON INTERGLOBE AVIATION : 17.06.2021

• Maintain Reduce, Target at Rs 1,315/share
• Aggressive growth without support
* Q4FY21 loss more than double consensus expectation
* Liquidity and working capital worsen
• Weak demand, rising fuel price, unfavourable forex