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IndiGo share price may rally 37% as airline trims Q1 losses; analysts see reason to board this aviation stock

InterGlobe Aviation, the parent company of IndiGo, reported a consolidated net loss of Rs 1,064.26 crore for the April-June quarter. The net loss narrowed from Rs 3,174.18 crore witnessed in the year-ago quarter. IndiGo stock was trading flat on Thursday morning but analysts see reasons to board this low-cost airline stock as a drop in …

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