No injuries as KGMU evacuates patients after early-morning fire

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InterGlobe Aviation (IndiGo) reported a Q1FY27 net loss of Rs 238 crore as soaring fuel costs pushed expenses ahead of revenue growth. Despite the earnings miss, brokerages including Citi and Nuvama retained their ‘Buy’ ratings and raised target prices, citing strong yields, pricing power, disciplined capacity expansion and long-term growth prospects driven by international expansion.

Ather Energy shares rose sharply on Tuesday after the electric two-wheeler maker sharply narrowed its June-quarter loss and reported strong revenue growth with positive EBITDA. Nomura retained its Buy rating, raised the target price to Rs 1,714, and kept Ather as its top electric two-wheeler pick, citing improving margins, scale and long-term growth prospects.