{"id":276231,"date":"2019-05-28T04:52:24","date_gmt":"2019-05-28T04:52:24","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=276231"},"modified":"2019-05-28T05:04:19","modified_gmt":"2019-05-28T05:04:19","slug":"aviation-stocks-gain-indigo-hits-new-high-on-strong-q4-results","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/aviation-stocks-gain-indigo-hits-new-high-on-strong-q4-results\/","title":{"rendered":"Aviation stocks gain; IndiGo hits new high on strong Q4 results"},"content":{"rendered":"<p>Shares of aviation companies were in focus with InterGlobe Aviation, the operator of IndiGo, hitting a new high of Rs 1,716, up 3 per cent, on the BSE in Tuesday&#8217;s early morning trade, after its quarterly profit surged five-fold in March quarter (Q4FY19). <\/p>\n<p>SpiceJet&#8217;s stock, too, rallied 5 per cent to Rs 153, and was trading close to its record high of Rs 156, hit on December 20, 2017, in intra-day trade. <\/p>\n<p>IndiGo posted a net profit of Rs 589 crore in Q4FY19, as the airline flew more passengers and clocked higher yields. The company had recorded a profit of Rs 118 crore in the year-ago quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of aviation companies were in focus with InterGlobe Aviation, the operator of IndiGo, hitting a new high of Rs 1,716, up 3 per cent, on the BSE in Tuesday&#8217;s early morning trade, after its quarterly profit surged five-fold in March quarter (Q4FY19). SpiceJet&#8217;s stock, too, rallied 5 per cent to Rs 153, and was trading close to its record high of Rs 156, hit on December 20, 2017, in intra-day trade. IndiGo posted a net profit of Rs 589 crore in Q4FY19, as the airline flew more passengers and clocked higher yields. The company had recorded a profit of [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-276231","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/276231","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=276231"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/276231\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=276231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=276231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=276231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}