IndiGo gets 'interim relief' over ₹1,666 cr tax demand; stock surges
IndiGo’s parent had received demand notices worth ₹739.68 crore and ₹927.03 crore for 2016–17 and 2017–18, respectively.
IndiGo’s parent had received demand notices worth ₹739.68 crore and ₹927.03 crore for 2016–17 and 2017–18, respectively.
Emkay Global and Incred Capital chose to buy shares of the devolved Ethos IPO at the highest price despite market’s low opinion.
Amid state-wide lockdowns imposed to tackle the surge in Coronavirus cases, and supply-chain disruptions, concerns of rising inflation remain.
The private lender’s 106% recovery in share price from its 52-week low in early October could be a value trap for investors.
Reports from various equity research and ratings agencies said margins were under pressure due to rising costs.