20 Jan 2024

Interglobe Aviation moves up on unveiling daily direct flights between Hyderabad-Bangkok

Interglobe Aviation is currently trading at Rs. 3040.00, up by 9.85 points or 0.33% from its previous closing of Rs. 3030.15 on the BSE.

The scrip opened at Rs. 3030.30 and has touched a high and low of Rs. 3059.90 and Rs. 3030.30 respectively. So far 5936 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3131.95 on 16-Jan-2024 and a 52 week low of Rs. 1810.45 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 3131.95 and Rs. 2993.90 respectively. The current market cap of the company is Rs. 117250.13 crore.

The promoters holding in the company stood at 63.13%, while Institutions and Non-Institutions held 33.42% and 3.46% respectively.

InterGlobe Aviation (IndiGo) has unveiled daily direct flights between Hyderabad and Bangkok, effective from February 26, 2024. These flights will further enhance direct connectivity between the two cities, providing a seamless travel experience between the two major tourist hubs and accessibility across Southeast Asia. IndiGo will become the first Indian carrier to connect Hyderabad to Bangkok. With this, IndiGo will connect 14 international destinations with Hyderabad, an increase from 8 connected destinations a year ago. 

IndiGo currently connects Delhi, Mumbai, Bengaluru, Kolkata, and Bhubaneshwar to Bangkok. With the addition of these new flights from Hyderabad, IndiGo will now operate 37 weekly flights between India and Bangkok, and Hyderabad will be the 6th Indian city connected to Bangkok. 

InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.