Indigo Share Price In the aviation industry, we continue to have a strong preference for IndiGo and believe it will be stronger after Covid thanks to 1) a better balance sheet (Rs 63bn in free cash), 2) an industry-leading cost structure, and 3) a strong management team. We arrive at a target price of Rs 1,950 / after valuing the shares at 9 adjusted to 23 September. We maintain our ADD rating with a higher target price of Rs 690 (21 Sep EV + 19.3 x 22 Sep VNB minus group charges and discount for holding).
The company’s net profit has continued to grow in the past two years. The company is headquartered in Pune and claims to be one of the strongest competitors in the Indian coatings industry and one of the fastest-growing coatings companies in India. The company has also introduced coloring machines to its target markets to increase the number of latex paints that need to be colored in stores.
“Gross margin is higher among peers at 48%, driven by Indigo’s localization advantage and a healthy mix of differentiated product revenues. With a differentiated product portfolio and bottom-up approach, Indigo Paints is becoming one of the fastest growing paint companies in India.
Indigo Share Price
A responsible leader in pricing, Indigo is well positioned to benefit from stable spreads starting in the 4th quarter of fiscal year 22. Its strategy of matching the lowest rates, together with healthy cash balances and the impact of Covid on like-for-like balances, is expected to provide sustained spreads for the industry, the brokerage firm said while maintaining the rating on stock prices. Purchase price and target price of Rs 2400 per share. Credit Suisse retained its InterGlobe Aviation excellence rating with a target price of Rs 2,700, an increase of over 39% from Rs 1,942 on December 7.
Meanwhile, Morgan Stanley said the Indian aviation industry is merging with two groups, IndiGo and Tata, which now control 77% of the market share, and that the lucrative breakthrough for Air India will benefit the entire industry in terms of better pricing.
Indigo Share Price Target 2022 , 2023 ,2 2024 , 2025 & 2030
We estimate that the rise in Brent crude oil prices and the absence of a significant reduction in structural capacity may limit InterGlobe Aviation (IndiGo) spreads to 0.34 in AF23. Note that rate ranges were recently extended to the end of November 20, and the continued application of rate ranges could be a huge drag on the aviation industry as a whole, dampening sentiment on the regulated oil price at $ 40 / bbl / $ 50 / bbl.\
for INDIGO the fuel cost is ~ 35% of the total cost (in fiscal 20) and according to our EPS sensitivity, fuel savings of up to 10% will result in ~ 14% EPS change for INDIGO in AF22. Hence, the best spread (also our estimate) for IndiGo remains at 0.34bp. for ASK in AF23E. IndiGos RASK is unlikely to hire more than Rs 4.30 in AF23, given the absence of a structural reduction in production capacity and the emergence of new players in the market.
This prompted the research firm to cut IndiGo’s 12-month target price to Rs 1,200, implying a roughly 30% decline since Monday’s close. The shares are rated neutral by Goldman Sachs with a target price of Rs 2,070.
The stock is now just 10 percent from a 52-week high of Rs 2,300. The brokerage sees the shares rise to Rs 3,305 from the current market price of Rs 2,547. The company’s shares provide strong earnings transparency and expects wireless EBITDA to reach 38% CAGR over FY21-24.
Suppose a company’s IPO price is based on a slightly higher valuation. It is the price-to-earnings ratio used to value a company. It measures the relationship between its current stock price and its earnings per share. The MarketBeats consensus price target is the average of the latest available price target set by each analyst who set the target price for the stock in the past twelve months.
More detailed information about stocks is presented below: Detailed technical analysis using all indicators. Includes Indigo stock price information such as real-time stock price, high and low days, 6 months and 1 year results, and more.
Indigo Stock Price – Check out Indigo Stock Price Trends Today Indigo Stock Price helps you analyze the current and historical price of a brand. It will include Indigo Today’s stock price, charting descriptions, historical performance, financial statements and more. The data we categorized in the table of contents are well-priced historical Indigo stock price charts and comparison tools. We have compiled Indigo stock value statistics compiled from various sources regarding the aviation industry tycoon.
The current market price of InterGlobe Aviation is Rs 2,081. The time period specified by the analyst is one year, during which the price of InterGlobe Aviation Ltd. can achieve a specific goal. InterGlobe Aviation Ltd., founded in 2004, is a large-cap (market cap of RUR 82,320.70) operating in the airline industry. Key product / revenue segments of InterGlobe Aviation Ltd.
includes revenues (airlines), other operating revenues and cargo sold for the year ended 31-2021. For the quarter ended June 30, 2021, the company reported a consolidated total profit of Rs 3,170.25, down 50.17% from the previous quarter, of Rs 6,361.80, and an increase of 177.16% compared to the same quarter last year. According to AI Pickup, InterGlobe Aviation Limited’s share price forecast for January 2022 is 2012.
35277392043 Based on the InterGlobe Aviation Limited share price forecast, InterGlobe Aviation Limited (NSE INDIGO) shares could be a good investment choice. Interglobe Aviatio INDIGO stock price forecasts and targets for the intraday period: 1989.13, 1979.53, 1950.92 at the bottom and 2036.93, 2027.33, 2046.52 at the top. As of Wednesday 29 December 2021, Interglobe Aviatio INDIGO is listed on the stock exchanges 2008: 15 and its nearest target share prices are 1989.13 and 2036.93.
Indicator name Indicator value Indicator signal ADX 10, 27, 45 Sell MACD -163, -169 Buy Stochastic 31 No CCI 10 Buy RSI 41 Sell OBV -175170 Sell VWAP 1970 Buy ADL 0 Sell ROC -4 Sell force index 0 Indigo stock analysis Price paint sales ((INDIGOPNTS)), based on short-term timeframes, are positive, but buyers have stepped up on the stock recently.
The analysis of the price movement of Indigo Paints ((INDIGOPNTS)) based on short-term timeframes is positive, but buyers have activated on the stock recently. Indigo Paints Limited is active in the paint industry with a market capitalization of Rs 11,027.21.
This company is listed on the Bombay Stock Exchange (BSE) under the code 543258 and is listed on the National Stock Exchange (NSE) under the symbol INDIGOPNTS. Until recently, Indigo Paints was a private company; on January 20, 2021, it went public.
It holds 2% of the market, but has great potential for improvement in the coming years. But this is a small-cap company, and in general it is good for long-term investment (it is also possible to make a profit in the form of a profit from a listing).
However, given the likely increase in competition as new companies enter the market, IndiGo continues to strive to be the lowest cost operator 1) through more efficient use of resources. IndiGo is confident in the demand situation in the 2nd half of the year, focusing on a reasonable increase in capacity, with business travel expected after Diwali (currently at 50% before covid) and continued momentum from 2/3 cities.
- Inox Share Price Target 2022 , 2023 , 2024 , 2025 & 2030
- Spicejet Share Price Target 2022 , 2023 , 2024 , 2025 & 2030
- Hfcl Share Price Target 2022 , 2023 , 2024 , 2025 & 2030
- Rbl Bank Share Price Target 2022 , 2023 , 2024 , 2025 , 2026 & 2030
- Hp Adhesives Share Price Target 2022 , 2023 , 2024 , 2025 & 2030
- Hal Share Price Target 2022 , 2023 , 2024 , 2025 & 2030
- Subex Share Price Target 2022, 2023, 2024, 2025, 2030 – Multibagger Stocks!
- Zomato Share Price Target 2022 , 2023 , 2024 , 2025 & 2030
- Ethereum Price Target 2022 , 2023 , 2024 , 2025 & 2030
- Greenpanel Share Price Target 2022 , 2023 , 2024 , 2025 & 2030
- Bitcoin Price Prediction 2021, 2022, 2023, 2024 And 2025
- Adani Enterprises Share Price Target 2022 , 2023 , 2024 & 2025
- Tata Motors Share Price Target 2022 , 2023 , 2024 , 2025 , 2030
- ICICI Bank Share Price Target 2022 , 2023 , 2025 , 2030
- Paytm Share Price Target 2022 , 2023 , 2024 , 2025 & 2030
- Reliance Share Price Target 2022, 2023, 2025, 2030
- Dmart Share Price Target 2022 , 2023 , 2024 , 2025 & 2030
- 3I Infotech Share Price Target 2022 , 2023 , 2024 , 2025 & 2030
- Tata Power Share Price Target 2022 , 2023 , 2024 , 2025 , 2030
- Latent View Analytics Share Price Target 2022 , 2023 , 2024 , 2025 & 2030