BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
CLSA initiates InterGlobe Aviation with buy
CLSA has initiated coverage on InterGlobe Aviation with a "buy" rating for a target price of Rs 1,070. InterGlobe Aviation is best placed compared to its peers. Low fuel prices to boost India's aviation growth. Domestic market has stronger prospects compared to international market. Falling jet fuel prices will be a key driver for the company.