News
The last 3 days, each article summarised and scored by gemini-3.5-flash-lite. 246 of 250 scored today.
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Ixigo shares rally 13% after travel platform reports all-time high profit
Ixigo reported an all-time high profit after tax of Rs 63.42 crore for the quarter, largely aided by a partial stake sale in Freshbus. Gross transaction value and revenue from operations also saw strong double-digit growth, driven by rapid expansion in its hotel segment.
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Ixigo shares jump 13% on Q2 profit turnaround, but why does Motilal Oswal retain its Neutral rating?
Ixigo shares jumped over 13% after reporting a consolidated net profit of ₹63.42 crore for Q2, aided by a stake sale and strong growth in hotel bookings. Despite the positive results, Motilal Oswal retained its Neutral rating due to expected near-term margin pressures from ongoing tech and hotel investments.
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Buy Le Travenues Technology; target of Rs 180: ICICI Securities
Brokerage firm ICICI Securities has issued a buy call on Le Travenues Technology (parent company of Ixigo) with a target price of Rs 180. This analyst upgrade could attract positive retail and institutional momentum toward the stock.
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Top Stocks in news: ICICI Bank, Vedanta, HDFC Bank, Power Grid, YES Bank, RailTel, Axis Bank, Ixigo
A round-up of major stocks in the news features key updates regarding ICICI Bank, Vedanta, HDFC Bank, Power Grid, YES Bank, RailTel, Axis Bank, and Ixigo. Traders should monitor these prominent large-cap and mid-cap names for potential price action and market momentum today.