Stock Market

Manas Jaiswal of manasjaiswal.com has a buy call on InterGlobe Aviation Ltd.

with a target price of Rs 1300.

The current market price of InterGlobe Aviation Ltd.

is Rs 1243.9.

Time period given by the analyst is Intra Day when InterGlobe Aviation Ltd.

price can reach the defined target.

Manas Jaiswal recommended to keep stoploss at Rs 1210.

InterGlobe Aviation Ltd., incorporated in 2004, is a largecap company with a market cap of Rs 47816.37 crore) operating in Transport sector.

InterGlobe Aviation Ltd.

key Products/Revenue Segments include Income (Airlines) which contributed Rs 22353.07 Crore to Sales Value (97.09 % of Total Sales), Other Operating Revenue which contributed Rs 520.37 Crore to Sales Value (2.26 % of Total Sales) and Traded Goods which contributed Rs 147.45 Crore to Sales Value (0.64 % of Total Sales)for the year ending 31-Mar-2018.

For the quarter ended 31-12-2018, the company has reported a Standalone sales of Rs 7916.22 Crore, up 27.98 % from last quarter Sales of Rs 6185.31 Crore and up 28.14 % from last year same quarter Sales of Rs 6177.88 Crore Company has reported net profit after tax of Rs 190.89 Crore in latest quarter.

The company’s top management includes Dr.Anupam Khanna, Mr.Anil Parashar, Mr.Meleveetil Damodaran, Mr.Rahul Bhatia, Mr.Rakesh Gangwal, Mrs.Rohini Bhatia.

Company has BSR Co.

LLP as its auditoRs As on 31-12-2018, the company has a total of 384,406,838 shares outstanding.





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