DOUBLE-DIGIT TRAF­FIC GROWTH

Dalal Street Investment Journal - - KERBSIDE -

This In­dian air­lines has main­tained 36th con­sec­u­tive month of double-digit traf­fic growth as de­mand rose 16% in Au­gust. In a re­cent re­port, global air­lines group­ing IATA said India is ex­pected to have 478 mil­lion air pas­sen­gers in 2036 on the back of strong de­mand. In­digo is India’s fastest grow­ing car­rier and the largest do­mes­tic pas­sen­ger air­line with a mar­ket share of 40.1% dur­ing FY17, ac­cord­ing to the DGCA. The stock can be looked at from a short-term trad­ing per­spec­tive.

In­ter­globe Avi­a­tion BSE Code:539448 CMP: ₹1160 In­di­a­b­ulls Hous­ing Fi­nance BSE Code: 535789 CMP: ₹1268

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.