{"id":497001,"date":"2022-06-08T08:56:17","date_gmt":"2022-06-08T03:26:17","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=497001"},"modified":"2022-06-08T09:26:21","modified_gmt":"2022-06-08T03:56:21","slug":"centrum-broking-gives-buy-call-for-indigo-with-target-price-of-rs-2284","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/centrum-broking-gives-buy-call-for-indigo-with-target-price-of-rs-2284\/","title":{"rendered":"Centrum Broking gives &#8216;buy&#8217; call for IndiGo with target price of Rs 2,284"},"content":{"rendered":"<p>Brokerage house Centrum Broking has given a &#8220;buy&#8221; for Interglobe Aviation, which operates low-cost airline carrier Indigo, and it believes the airline is attractively poised for growth.<\/p>\n<p>It has pegged the target price of Rs 2,284, as against its current market price of Rs 1,818.<\/p>\n<p>India&#8217;s domestic air traffic has nearly reached its pre-Covid levels and international traffic is fast scaling up after the resumption of scheduled international travel in March 2022.<\/p>\n<p>&#8220;Fares meanwhile have strengthened from the lows of February 2022 and have offset the incremental burden of higher fuel costs,&#8221; the brokerage said in a note.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brokerage house Centrum Broking has given a &#8220;buy&#8221; for Interglobe Aviation, which operates low-cost airline carrier Indigo, and it believes the airline is attractively poised for growth. It has pegged the target price of Rs 2,284, as against its current market price of Rs 1,818. India&#8217;s domestic air traffic has nearly reached its pre-Covid levels and international traffic is fast scaling up after the resumption of scheduled international travel in March 2022. &#8220;Fares meanwhile have strengthened from the lows of February 2022 and have offset the incremental burden of higher fuel costs,&#8221; the brokerage said in a note.<\/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-497001","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\/497001","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=497001"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/497001\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=497001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=497001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=497001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}