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ā¢ Motilal Oswal has given a Neutral rating on InterGlobe Aviation with a target price of Rs 2800.
ā¢ IndiGo posted a PAT of INR1.9b in 2QFY24, driven by lower-than-expected fuel costs and supplementary rentals.
ā¢ The company is facing challenges in the near to medium term, but the industry outlook remains positive.