Sell InterGlobe Aviation, price target Rs 1,180: Dharmesh Shah
Dharmesh Shah of ICICI Direct has a sell call on InterGlobe AviationNSE 0.75 % Ltd. with a target price of Rs 1180.0 . The current price of InterGlobe Aviation Ltd. is Rs 1238.8 . Dharmesh Shah recommended to keep a stoploss at Rs 1272 .
InterGlobe Aviation Ltd., incorporated in the year 2004, is a Large Cap company (having a market cap of Rs 47668.56 Crore) operating in Airlines sector.
InterGlobe Aviation Ltd. key Products/Revenue Segments include Income (Airlines) which contributed Rs 27769.81 Crore to Sales Value (97.44 % of Total Sales), Traded Goods which contributed Rs 395.41 Crore to Sales Value (1.38 % of Total Sales) and Other Operating Revenue which contributed Rs 331.55 Crore to Sales Value (1.16 % of Total Sales)for the year ending 31-Mar-2019.
