According to the latest ETIG analysis of the ET 500 list, there were 20 companies that reported higher net profit in the first-half of FY25 compared with the profit for the entire previous year. The list includes companies across sectors including Vedanta, Bharti Airtel, Tata Chemicals, Zomato, Dilip Buildcon, Ashoka Buildcon, Aster DM, Jubilant Pharmova, Voltas, and Texmaco Rail among others.
Jefferies views IndiGo as unique and strong franchise, raises target price to Rs 5,260
The IndiGo stock has underperformed following a significant miss in the company’s 2Q results, driven by higher costs impacting profitability. However, Jefferies expects cost normalization