IndiGo’s shares fell on Friday following a significant drop in quarterly profit. Brokerages offered mixed views, citing short-term challenges like rising costs and currency issues. However, many remain positive about the airline’s long-term growth potential. Analysts project potential upside for the stock in the coming year, despite some caution regarding immediate future earnings.
Concurrent Losers: 15 small-cap stocks decline for 5 consecutive sessions
Over the five trading sessions ending January 23, the Sensex benchmark declined sharply, falling about 2,033 points to close at 81,538. The index ended lower