5 Best Airline Stocks to buy in 2024

Published : 06 June 2024

InterGlobe Aviation

The company offers aviation services under the Indigo brand name. Its shares are trading at around Rs. 4326 at present with ROCE and ROE of 23.75% and 409.35% while the OPM is noted at 17.73%. 

Taneja Aerospace & Aviation

The company manufactures and sells different parts and components related to the aviation sector.  Its share price is around Rs. 430. Its ROCE, ROE, and OPM are 11.28%, 8.53%, and 52.65%, respectively. 

TAAL Enterprise

The company is in the business of providing services related to aircraft charter.  It is trading at around Rs. 2499 at present with ROCE and ROE of 31.42% and 22.89% while the OPM is noted at 27.88%. 

Global Vectra Helicorp

The company provides helicopter charter services for global transportation. Its current market price is around Rs. 177 with an ROCE of 8.48% and an ROE of 5.53%. Its OPM is around 7.15%.  

SpiceJet

It provides one of the lowest airfares in the country.  It is trading at around Rs. 53.82 at present with ROCE and ROE of -181% and 0% while the OPM is noted at -11.86%.