The company has decided to cancel its DVR shares meant for simplification of capital structure, potentially narrowing the discount between two securities. Interestingly, ordinary shares are also likely to see an earnings upgrade from improving margins at its UK subsidiary Jaguar Land Rover and the domestic business.
IndiGo correction offering a fresh entry point: Sandip Sabharwal
InterGlobe Aviation’s issues highlight aviation’s tough nature. Expert Sandip Sabharwal sees opportunities in InterGlobe’s stock. He warns about Kaynes Technology due to governance concerns. The