8,792.20708.4
Stock Analysis, IPO, Mutual Funds, Bonds & More

Buy InterGlobe Aviation, price target Rs 1,526: Kunal Bothra

The analyst suggested a stoploss at Rs 1460.

ETMarkets.com|
Last Updated: Feb 20, 2020, 08.45 AM IST
0Comments
Shutterstock.com
shutterstock_1096851425
InterGlobe Aviation Ltd., incorporated in the year 2004, is a Large Cap company (having a market cap of Rs 56994.10 Crore) operating in Airlines sector.
Kunal Bothra has a buy call on InterGlobe Aviation Ltd. with a target price of Rs 1526.0 . The current price of InterGlobe Aviation Ltd. is Rs 1481.15 . Kunal Bothra recommended to keep a stoploss at Rs 1460 .

InterGlobe Aviation Ltd., incorporated in the year 2004, is a Large Cap company (having a market cap of Rs 56994.10 Crore) operating in Airlines sector.

InterGlobe Aviation Ltd. key Products/Revenue Segments include Income (Airlines) which contributed Rs 27769.81 Crore to Sales Value (97.44 % of Total Sales), Traded Goods which contributed Rs 395.41 Crore to Sales Value (1.38 % of Total Sales) and Other Operating Revenue which contributed Rs 331.55 Crore to Sales Value (1.16 % of Total Sales)for the year ending 31-Mar-2019.

For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 9931.69 Crore, up 22.53 % from last quarter Sales of Rs 8105.19 Crore and up 25.46 % from last year same quarter Sales of Rs 7916.22 Crore Company has reported net profit after tax of Rs 495.97 Crore in latest quarter.

The company’s top management includes Dr.Anupam Khanna, Mr.Devadas Mallya Mangalore, Mr.Rahul Bhatia, Mr.Rakesh Gangwal, Mrs.Rohini Bhatia. Company has BSR & Co. LLP as its auditors As on 31-12-2019, the company has a total of 384,796,279 shares outstanding.

Also Read

Kunal Bothra on stocks to short and buy next week

Chase the momentum and buy on rise next week: Kunal Bothra

Continued buying in private bank stocks may stabilise market: Kunal Bothra

Sell Ambuja Cements, price target Rs 160: Kunal Bothra

Sell PVR, price target Rs 1,330: Kunal Bothra

Comments
Add Your Comments
Commenting feature is disabled in your country/region.

Other useful Links


Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service