Due to the second wave of Corona, the domestic aviation industry has been hit hard.
The aviation industry is also included in the sectors which have had the worst impact of the second wave of Corona in India. Considering this fact, brokerage houses have reduced the earnings estimates of aviation companies for the financial year 2021-22.
The new Delhi. Corona Of The second Wave Of Go the household Aviation Industry (Aviation industry ) To Heavy Kill Lying is. country Of All The states By Lockdown (Lockdown) Of Proclamation From Air The traffic (Air Traffic) In Heavy The fall To see To Got is. Keeping the same situation in mind Airline company IndiGo Of The operator InterGlobe Aviation has Ours Fund For raging Qualified Institutional Placement (QIP) Via 3000 Is in the process of raising crores of rupees. Of this company Announcement Of On tuesday InterGlobe Aviation Of Shares In Intraday In 2 Percent Of The edge To see To Received although for the time being these share 12.55 time Of Nearby Nse On 1.55 Rupees i.e 0.09 Percent Of The fall Of with 1676 Rupees Of Nearby vision come Stayed is. company Of market Capitalization 65,049.79 Crore Rupees is. Experts Of tell is That this Fund Raging excercise QIP Of Via Equity share Ongoing By doing Of Go doing is. From this this The signal Get is That India Of from all The big the household airline Of The operator Kovid-19 Of Go Born Hue Odds Of The round In Liquidity Of The attitudes From Comfortable Event In Be made live Wants is.
Aviation The companies Of Earning an estimate To Minus gave is
company has last Week Only said Was That She All available The choices Of Via Liquidity To enhance Of Try Of Chance Will find In which QIP Too Include is. India In Corona Of The second Wave Of Gin Sectors On from all more The bad Impact Lying is in that Aviation Industry Too Include is. this Fact To See Hue Brokerage Houses has Finance The year 2021-22 Of for Aviation The companies Of Earning an estimate To Minus gave is.
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Centrum Broking Of tell is That The whole India In Corona Of Others Wave Of Go Air The traffic recovery To Heavy Injury Arrived is To whom note In Keeping Hue We Finance The year 2021-22 Of for Domestic The traffic estimate Finance The year 2020 Of 85 Percent From By subtracting 76 Percent Tax gave is while Finance The year 2023 Of for this an estimate To Finance The year 2020 Of 95 Percent On Made Kept is.
Centrum Broking Of Report In ahead said Gone is That Finance The year 2021 Of The fourth Quarter In airy The fuel (ATF) Of The prices In Quarter base On 24.7 Percent Of The edge To see To Got is. The fourth Quarter Of after Of Period In Too Now By in this 2.5 Percent Of The edge To see To Got is To whom note In Keeping Hue Aviation Industry Of Rating Reduced Has gone is.
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What is QIP
Qualified Institutional Placement (QIP) is a way for companies to raise capital. The listed company on the stock market raises capital by issuing securities such as shares, partial or fully convertible debentures in addition to warrants to qualified institutional buyers (QIBs) under QIP. These securities are converted into shares after a fixed period. Apart from preferential allocation, this is another way to raise capital soon. Sebi started it in 2006 to allow domestic companies to raise money from the market in a short period of time. Its purpose was also to reduce the excessive dependence of domestic companies on foreign capital.