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Ixigo shares jump 13% on Q2 profit turnaround, but why does Motilal Oswal retain its Neutral rating?

📅 2026-10-19 | 📰 Mint Markets
#stock-market-ipos #ixigo #shares #jump

Ixigo shares rose over 13% after the travel platform reported a Q2 FY27 net profit of ₹63.42 crore, reversing a year-ago loss. Results were supported by a partial Freshbus stake sale and 159% growth in hotel-booking GTV, while revenue...

Read more: https://www.livemint.com/market/stock-market-news/...