Can IndiGo shares fly again amid soaring oil prices? Ambit remains bullish but lists 5 key risks

As reported by Stocks-Markets-Economic Times

InterGlobe Aviation shares have fallen 8% in a month as oil prices topped $100, capping near-term upside. Ambit retains its Buy call, citing IndiGo’s market-share gains, strong aircraft order book and long-term growth prospects despite fuel, forex and competitive risks.

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Can IndiGo shares fly again amid soaring oil prices? Ambit remains bullish but lists 5 key risks

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