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Asia

IndiGo shares extend losses for third straight day after Q1 miss; down 9% in July

mint - markets · 1h ago · 🇮🇳 India

IndiGo shares extend losses for third straight day after Q1 miss; down 9% in July

InterGlobe Aviation, parent of IndiGo, saw shares drop 3% after a net loss of ₹238 crore in Q2. Rising fuel expenses and elevated costs impacted profitability. Despite headwinds, JM Financial maintains an 'Add' rating, citing long-term growth potential.

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