Airfare strength to offset fuel cost in Q2; IndiGo PAT may rise 176%: Elara
A quarterly results development with market-wide reach.
· Business Standard Mkts
Elara has retained its positive stance on IndiGo in the medium to long term, saying India's aviation demand cycle remains intact and competitive supply remains constrained.
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
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