{"id":355424,"date":"2020-06-04T09:52:36","date_gmt":"2020-06-04T04:22:36","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=355424"},"modified":"2020-06-04T09:57:51","modified_gmt":"2020-06-04T04:27:51","slug":"indigo-soars-13-as-q4-earnings-beat-street-expectation","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-soars-13-as-q4-earnings-beat-street-expectation\/","title":{"rendered":"IndiGo soars 13% as Q4 earnings beat Street expectation"},"content":{"rendered":"<p>Shares of InterGlobe Aviation-run IndiGo airline surged as much as 12.6 per cent to Rs 1,064.95 on the BSE on Wednesday after the airline&#8217; March quarter numbers beat Street expectations. Besides, analysts&#8217; optimism around strong recovery by financial year 2021-22 fuelled buying rally in the stock.<\/p>\n<p>At 10:38 am, the stock was trading at Rs 1,025.55, up 8.46 per cent on the BSE, as against 416 points, or 1.23 per cent, gain in the benchmark S&amp;P BSE Sensex at 34,241 level. A combined 7.7 million shares have changed hands on the counter on the NSE and BSE till the time of writing of this report.<\/p>\n<p>The Gurgaon-based airline on Tuesday reported a net loss of Rs 870.8 crore, compared to a net profit of Rs 589.6 crore in the year-ago quarter (Q4FY19), and Rs 496 crore in the December quarter of FY20.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of InterGlobe Aviation-run IndiGo airline surged as much as 12.6 per cent to Rs 1,064.95 on the BSE on Wednesday after the airline&#8217; March quarter numbers beat Street expectations. Besides, analysts&#8217; optimism around strong recovery by financial year 2021-22 fuelled buying rally in the stock. At 10:38 am, the stock was trading at Rs 1,025.55, up 8.46 per cent on the BSE, as against 416 points, or 1.23 per cent, gain in the benchmark S&amp;P BSE Sensex at 34,241 level. A combined 7.7 million shares have changed hands on the counter on the NSE and BSE till the time [&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-355424","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\/355424","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=355424"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/355424\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=355424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=355424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=355424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}