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INDIGO — Interglobe Aviation News Story

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IndiGo rises as higher fares, cost controls offset fuel-cost concerns

IndiGo rises as higher fares, cost controls offset fuel-cost concerns 

- Shares of IndiGo INGL.NS rose 2.5% on Friday as investors looked past a fuel-hit quarterly loss and focused on the airline's efforts to protect profitability through fare hikes, capacity discipline and network optimisation.

Stock was trading at 4,790 rupees, as of 09:34 a.m. IST, its highest level in two weeks. Benchmark Nifty 50 .NSEI was up 0.16%.


(Reporting by Kashish Tandon in Bengaluru; Editing by Sherry Jacob-Phillips)

((Kashish.Tandon@thomsonreuters.com; 8800437922;))

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