Economic TimesLean R·
Ixigo posts record Q1 profit, but stock tumbles 9%. Here's what worried Dalal Street
Ixigo shares fell nearly 9% despite the online travel company reporting its highest-ever quarterly profit in Q1FY27. The stock came under pressure after brokerages turned cautious, citing continued investments in hotels, AI and other growth initiatives that could weigh on near-term profitability. Shares later pared losses but remained down over 8% during Friday’s session.
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