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Expansion on international routes to drive Interglobe’s future growth
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ET Intelligence Group: Interglobe Aviation’s decision to expand presence on international routes is timely, considering the rising competition in the domestic market where it already controls over 60% share.
Given the factors such as network expansion, capacity deployment, and a possible benefit of tax loss, analysts have raised the earnings per share (EPS) forecast for FY25 by as much as 38% (Emkay).The stock fell by 4.7% on Thursday on the
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