Tuesday, May 11, 2021

IndiGo operator InterGlobe Aviation to raise Rs 3,000 crore via QIP, Centrum downgrades stock to #39;reduce#39;

IndiGo operator InterGlobe Aviation to raise Rs 3,000 crore via QIP, Centrum downgrades stock to #39;reduce#39; The domestic air traffic recovery has been hit hard due to the second COVID wave, leading to brokerage houses significantly reduced their earnings estimates for the aviation industry for the financial year 2021-22.

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