The brokerage said it cut its FY25 Profit after Tax (PAT) estimates by 22% due to this ₹6.74 billion reversal. It also slashed the FY26 and FY27 PAT estimates by 13%-17%, citing Net Interest Margin (NIM) compression and lower growth.
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