Hot Stocks: Brokerages on Indigo, Bajaj Auto, Ashok Leyland, Tata Motors, and Bank of Baroda

The global investment bank expects an 11% quarter-on-quarter (QoQ) yield decline and adj. net profit of Rs 0.8 bn in Q4. “In Q4 ’23, we expect IndiGo to see 45% year-on-year (YoY) (3% QoQ) growth in capacity, in-line with estimates”, it said.

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