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