logo
InterGlobe Aviation Ltd (INDIGO) Gets a Buy from UBS

InterGlobe Aviation Ltd (INDIGO) Gets a Buy from UBS

In a report released yesterday, Pramod Kumar from UBS maintained a Buy rating on InterGlobe Aviation Ltd (INDIGO – Research Report), with a price target of INR6,450.00. The company's shares closed yesterday at INR5,330.00.
Confident Investing Starts Here:
Kumar covers the Consumer Cyclical sector, focusing on stocks such as Mahindra & Mahindra Ltd., Bajaj Auto Limited, and Maruti Suzuki India Limited. According to TipRanks, Kumar has an average return of -11.1% and a 60.00% success rate on recommended stocks.
InterGlobe Aviation Ltd has an analyst consensus of Moderate Buy, with a price target consensus of INR5,589.17, representing a 4.86% upside. In a report released today, Jefferies also maintained a Buy rating on the stock with a INR6,300.00 price target.
The company has a one-year high of INR5,665.65 and a one-year low of INR3,778.50. Currently, InterGlobe Aviation Ltd has an average volume of 35K.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Bernstein Reaffirms Their Buy Rating on Suzuki Motor (SZKMF)
Bernstein Reaffirms Their Buy Rating on Suzuki Motor (SZKMF)

Business Insider

timean hour ago

  • Business Insider

Bernstein Reaffirms Their Buy Rating on Suzuki Motor (SZKMF)

In a report released today, Masahiro Akita from Bernstein maintained a Buy rating on Suzuki Motor (SZKMF – Research Report), with a price target of Yen2,300.00. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Akita covers the Consumer Cyclical sector, focusing on stocks such as Nissan Motor Co, Suzuki Motor, and Toyota Motor. According to TipRanks, Akita has an average return of -2.9% and a 26.67% success rate on recommended stocks. Suzuki Motor has an analyst consensus of Strong Buy, with a price target consensus of $15.76.

Top stocks to watch today, June 2: Mahindra & Mahindra, BPCL, TVS Motor, IRCON, Adani Energy, Mazagon Dock and more
Top stocks to watch today, June 2: Mahindra & Mahindra, BPCL, TVS Motor, IRCON, Adani Energy, Mazagon Dock and more

Business Upturn

time4 hours ago

  • Business Upturn

Top stocks to watch today, June 2: Mahindra & Mahindra, BPCL, TVS Motor, IRCON, Adani Energy, Mazagon Dock and more

By Aman Shukla Published on June 2, 2025, 08:30 IST Indian stock markets closed lower on Friday, dragged by weakness in heavyweights and broader consolidation. The BSE Sensex fell by 182.01 points or 0.22%, ending the day at 81,451.01. The NSE Nifty 50 also declined, slipping by 82.90 points or 0.33% to settle at 24,750.70. Today, several stocks are expected to remain in focus following key developments and financial updates: Stocks to Watch on June 2 Mahindra & Mahindra (M&M): Reported May sales higher than estimates, continuing to outperform industry peers. Coal India: Filed a Draft Red Herring Prospectus (DRHP) with SEBI, NSE, and BSE for its subsidiary Bharat Coking Coal. Bharat Petroleum Corporation Ltd (BPCL): Board approved investment in joint ventures Tikitar and Shell India; also approved changes to a cracking unit project worth ₹14,200 crore. TVS Motor: Recorded sales growth of over 14% across all segments in May. Eicher Motors: May sales led by the up to 350cc segment, with Royal Enfield sales up 26% year-over-year. Apollo Hospitals: Fourth-quarter results aligned with estimates; announced expansion in Bengaluru with a ₹1,144 crore investment. Nykaa: Reported EBITDA growth of 43%, with margins improving to 6.5% from 5.6% year-over-year. Mazagon Dock Shipbuilders: Expecting 8-10% revenue growth in FY26; Q4 margin impacted by provisions. IRB Infrastructure/IRB InvIT: Signed a binding term sheet to sell three assets for an equity value of ₹4,905 crore. Godrej Properties: Acquired approximately 14 acres of land in Kharadi, Pune, with an estimated revenue potential of ₹4,200 crore. Adani Energy: Awarded a ₹1,660 crore transmission project in Maharashtra; board approved a ₹4,300 crore Qualified Institutional Placement (QIP). IRCON: Secured an EPC order worth ₹1,068.3 crore from East Central Railway. Ajmera Realty: Delivered luxury project Ajmera Prive ahead of RERA timelines. IndiGo: Signed a Memorandum of Understanding (MoU) with Airbus for 30 additional widebody Airbus A350-900 aircraft. Chennai Petroleum: Holding company IOC approved a ₹1,620 crore investment proposal. MOIL: Reduced prices of all chemical grades and manganese ore fines by 5-15%, effective immediately. Solar Industries: Received a ₹402 crore order from Coal India for the supply of cartridge explosives. Olectra Greentech: Maharashtra government reinstated the ₹10,000 crore electric bus order under a new delivery schedule. Genus Power: Reported EBITDA of ₹196.3 crore versus ₹51 crore last year; margin improved to 20.95% from 12.16%. AstraZeneca: EBITDA increased by 74.7%, margin expanded to 17.96% from 12.89%. Ashiana Housing: EBITDA rose 4.2%, margin increased to 9.88% from 6.93%. Tata Motors: May sales fell 8.6% year-over-year, below estimates. Delhi High Court: Restrained DRL/Onesource from selling Novo Nordisk's Semaglutide in the domestic market. Hero MotoCorp: May sales below estimates; all segments showed low single-digit growth. Cipla: US FDA issued one observation for the Bommasandra facility. Hindalco, Tata Steel: US to double tariffs on steel and aluminium to 50% from June 4. Sun TV: EBITDA declined 18%, margin reduced to 45.61% from 54.40%. Alembic Pharma: US FDA issued Form 483 with four observations for API-I and II units. Niva Bupa: Sources indicate a potential up to 7.2% stake sale via block deal at an 11% discount to CMP. Vodafone Idea: Losses widened; subscriber base continued to shrink. Inox Wind: FY25 execution below management expectations; order inflows down 35% year-over-year. Puravankara: Net loss expanded; margin contracted to 5.63% from 12.32%. Spandana: Q4 disbursement down 91% year-over-year and 75% quarter-over-quarter; net interest income declined 48%. Titagarh Rail: EBITDA down 14.7%; margin at 10.18% compared to 11.41% last year. NFL: EBITDA down 38%; margin at 5.27% versus 7.18%. Ramkrishna: EBITDA declined 47%; margin reduced to 10.45% from 19.30%. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at

Alkem Laboratories Ltd. (ALKEM) Receives a Buy from Nomura
Alkem Laboratories Ltd. (ALKEM) Receives a Buy from Nomura

Business Insider

time13 hours ago

  • Business Insider

Alkem Laboratories Ltd. (ALKEM) Receives a Buy from Nomura

Nomura analyst Saion Mukherjee maintained a Buy rating on Alkem Laboratories Ltd. (ALKEM – Research Report) yesterday and set a price target of INR5,430.00. The company's shares closed last Friday at INR5,098.50. Confident Investing Starts Here: Mukherjee covers the Healthcare sector, focusing on stocks such as Alkem Laboratories Ltd., Cipla Ltd, and Fortis Healthcare Ltd.. According to TipRanks, Mukherjee has an average return of 12.5% and a 35.71% success rate on recommended stocks. In addition to Nomura, Alkem Laboratories Ltd. also received a Buy from ICICI Securities's Abdulkader Puranwala in a report issued on May 30. However, on the same day, J.P. Morgan maintained a Hold rating on Alkem Laboratories Ltd. (NSE: ALKEM). The company has a one-year high of INR6,440.00 and a one-year low of INR4,409.90. Currently, Alkem Laboratories Ltd. has an average volume of 2,117.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store