📰 ET Markets 📊 EARNINGS 🕒 30 Oct 2026, 09:52 AM IST

IndiGo shares rise 2% after Q2 losses narrow. What are Jefferies and other brokerages saying?

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Core Development: IndiGo shares rise 2% after Q2 losses narrow. What are Jefferies and other brokerages saying?

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Market & Financial Impact: IndiGo shares gained 2% after the airline reported a narrower year-on-year Q2 loss of Rs 1,879 crore, although profitability remained under pressure from elevated fuel costs and rupee depreciation. Jefferies retained its Buy rating but cut its target price to Rs 5,650, while Nuvama maintained its Buy call with a revised target of Rs 5,435.

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Actionable Insight: 📊 Earnings Focus: Assess quarterly EBITDA margins, year-over-year revenue, and management guidance.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

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IndiGo shares rise 2% after Q2 losses narrow. What are Jefferies and other brokerages saying?

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