Markets

IndiGo surges past analyst target as crude slide and Q2 beat draw buyers

Reported by: BusinessLine · 1:07 pm

Summary

BusinessLine reported that IndiGo shares opened at ₹5,520.40, above the previous close of ₹5,430, after a fall in crude oil prices and a better Q2.

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BusinessLine · 1:07 pm · Tone +1

The stock opened at ₹5,520.40 against a previous close of ₹5,430 and has already breached the ₹5,550 target price set by Anand Rathi Securities.

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Q2
Revenue, profit, margins and EPS: what the numbers in a quarterly result mean, why year-on-year and quarter-on-quarter differ, and what a headline can leave out.
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