Buy InterGlobe Aviation, target price Rs 1840: Edelweiss
Edelweiss has buy call on InterGlobe Aviation with a target price of Rs 1840. The current market price of InterGlobe Aviation Ltd. NSE 0.81 % is Rs 1713.55.
InterGlobe Aviation Ltd., incorporated in the year 2004, is a Large Cap company (having a market cap of Rs 66169.88 Crore) operating in Airlines sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 5142.77 Crore, up 69.77 % from last quarter Total Income of Rs 3029.20 Crore and down -50.22 % from last year same quarter Total Income of Rs 10330.17 Crore. Company reported net profit after tax of Rs -620.14 Crore in latest quarter.
