INDIGO

stock analysis technical and fundamental

The stock price of

hit on new 52-week high today. is India's largest passenger airline operating as a low-cost carrier, serving 86 destinations, including 24 international market cap of 203436 crore the dividend yield ratio is 0%, which means the company does not offer a dividend to its shareholders current ratio is 1.19, which means the company has sufficient current assets in comparison with its current liabilities. it should be always more than 1 If you talk about the cash flow of the company so the cash flow from operating activity is positive, and the cash flow from financing activity is negative, which seems good Important support levels 5260 and 5190 The stock price has taken support from the 50EMA on 7th April 2025 From then it has been trading above it Today, if the stock price closes above the important support level of 5260, then it may move toward 5450 RSI is at 67, which indicates a rise in price The RSI indicator 0 to 30 is an oversold zone, and 70 to 100 is an overbought zone