19-Oct-2026 11:03:58
Post-Q2 Results: Ixigo Jumps 13%, Urban Company Slides 7%, PNB Gains on Strong Earnings
Shares of Ixigo surged 13% on Monday after the travel platform reported an all-time high Q2 FY27 profit of ₹63.42 crore, supported by strong growth across hotels, flights and buses. Urban Company fell over 7% as its net loss widened to ₹182.48 crore, largely due to investments in its InstaHelp business, despite revenue rising 41% year-on-year. Punjab National Bank gained around 8% after reporting 13% profit growth, improved margins and better asset quality.