IndiGo's shares rose by 9% following the appointment of a new CEO and clarification on aviation fuel prices, sparking a rally in aviation stocks.
The Financial Express on MSN
Aviation stocks rally: IndiGo surges 9%, Dreamfolks spikes 13% on ATF hike clarification
Aviation stocks surged sharply after clarity on jet fuel prices eased cost fears. IndiGo led gains, while broader airline counters saw strong buying momentum.
Government limits aviation fuel price hike to 25% for domestic airlines despite a potential 100% surge.
ATF price cap India brings airline fuel relief as government controls aviation turbine fuel hike and supports aviation sector ...
14h
Aviation Stocks Soar: IndiGo Jumps 8.4% as Govt Caps ATF Hike; Relief for SpiceJet, Global Aircraft
Indian aviation stocks experienced a massive relief rally on Wednesday morning as the Government capped domestic Aviation ...
Shares of InterGlobe Aviation, the parent company of India’s largest carrier IndiGo, surged over 8% on Wednesday morning ...
A sudden market rebound lifted Nifty near 22,760 as GRSE, Tejas Networks and IndiGo surged sharply, driven by defence ...
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