Daily Market Updates: Ixigo shares jump 13% on Q2 profit turnaround, but why does Motilal Oswal retain its Neutral rating?

Global Markets

Home›Global Markets›North America›Ixigo shares jump 13% on Q2 profit turnaround, but why…

Ixigo shares jump 13% on Q2 profit turnaround, but why does Motilal Oswal retain its Neutral rating?

Reported · Written up by our desk · North America

Ixigo shares rose over 13% after the travel platform reported a Q2 FY27 net profit of ₹63.42 crore, reversing a year-ago loss. Results were supported by a partial Freshbus stake sale and 159% growth in hotel-booking GTV, while revenue increased 13% year-on-year.

← Newer storyXRP Ledger is set to fix its lending code before anyone can use it Older story →Oil prices slide as sanctions relief on Russian crude raises hopes of…

More like this

Global MarketsTSX pulls back from three-week high as financials, metal miners fall

Global MarketsUS arrests over 2 dozen in California sweep targeting alleged non-citizen voters

Global MarketsChina’s flag carrier scrambles to fly stranded passengers out of fuel-starved Cuba

Global MarketsIndonesia Was Finding Its Feet. Then Came MSCI

Global MarketsSaudi Arabia executes 2 Bangladeshis over ‘indecent acts’ in holy city of Mecca

Sources

LiveMint MarketsIxigo shares jump 13% on Q2 profit turnaround, but why does Motilal Oswal retain its Neutral rating?

Global Markets

Ixigo shares jump 13% on Q2 profit turnaround, but why does Motilal Oswal retain its Neutral rating?

More like this

Sources

Get the close, explained.