External broker reports(aggregated public sources), BOB Capital Markets Ltd

BOB Capital Markets Ltd.

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External broker reports(aggregated public sources)

Equity Bottom-Up

InterGlobe Aviation Ltd / Equity Bottom-Up

<p>IndiGo's Q4FY21 RASK came in at Rs 3.3, EBITDAR at Rs 7.3bn was hit by rising fuel costs and the company suffered a Rs 11.6bn net loss</p><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

IndiGo's Q4FY21 RASK came in at Rs 3.3, EBITDAR at Rs 7.3bn was hit by rising fuel costs and the company suffered a Rs 11.6bn net lossContent is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

InterGlobe Aviation (ADD): Strong balance sheet, leadership premium  upgrade to ADD