InterGlobe stock sheds gains on worries over rising crude prices and slow demand recovery

InterGlobe stock sheds gains on worries over rising crude prices and slow demand recovery

ET Intelligence Group: The stock of InterGlobe Aviation, which owns and operates Indigo Airlines, has lost 9.6 per cent over the five trading sessions including nearly 3 per cent fall on Tuesday. This is after an increase of 29 per cent in the past three months. The trend reversal reflects the changing view of analysts about the prospects of the country’s largest airline by market share in the light of rising crude oil prices, intense

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