{"id":574330,"date":"2023-05-04T09:19:22","date_gmt":"2023-05-04T03:49:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=574330"},"modified":"2023-05-04T09:45:00","modified_gmt":"2023-05-04T04:15:00","slug":"indigo-spicejet-rally-up-to-8-as-go-first-files-for-bankruptcy","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-spicejet-rally-up-to-8-as-go-first-files-for-bankruptcy\/","title":{"rendered":"IndiGo, SpiceJet rally up to 8% as Go First files for bankruptcy"},"content":{"rendered":"<p>Shares of InterGlobe Aviation, which runs the country&#8217;s largest airline IndiGo, hit a 52-week high of Rs 2,235.95, surging 8 per cent on the BSE in Wednesday\u2019s intra-day trade on the back of heavy volumes after Go First filed for bankruptcy. Shares of Spicejet rallied 6 per cent to Rs 33.25 on the BSE. <\/p>\n<p>Go First commanded a market share of 8.9 per cent in CY22 and sudden disruption in operations is likely to benefit other players and raise airfares due to supply constraints, said Jinesh Joshi \u2013 Research Analyst, Prabhudas Lilladher. <\/p>\n<p>The stock price of IndiGo surpassed its previous high of Rs 2,194, touched on February 6, 2023. It had hit a record high of Rs 2,379 on November 16, 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of InterGlobe Aviation, which runs the country&#8217;s largest airline IndiGo, hit a 52-week high of Rs 2,235.95, surging 8 per cent on the BSE in Wednesday\u2019s intra-day trade on the back of heavy volumes after Go First filed for bankruptcy. Shares of Spicejet rallied 6 per cent to Rs 33.25 on the BSE. Go First commanded a market share of 8.9 per cent in CY22 and sudden disruption in operations is likely to benefit other players and raise airfares due to supply constraints, said Jinesh Joshi \u2013 Research Analyst, Prabhudas Lilladher. The stock price of IndiGo surpassed its previous [&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-574330","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\/574330","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=574330"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/574330\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=574330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=574330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=574330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}