In the NSE list of stocks with a market cap of over Rs 10,000 crore, three stocks close prices crossed above their 200 DMA (Daily Moving Averages) on January 06, according to stockedge.com’s technical scan data.
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