IndiGo shares gain 1% after reporting Q4 profit; should you buy, sell or hold Interglobe Aviation stock?
Interglobe Aviation’s share price added 1.1% in early trade on Monday as the IndiGo airline operator reported a net profit for the second straight quarter – for the January-March quarter, compared to a net loss for the same period in the fiscal year 2022. The stock price touched a high of Rs 2,293.45, which is around Rs 40 lower from its 52-week high of Rs 2,332.95 per equity share. Analysts were positive on the stock outlook, with several recommending a ‘buy’ on IndiGo stock.
Should you buy, sell or hold Indigo stock?
