InterGlobe Aviation is currently trading at Rs. 3982.85, marking an increase of 34.50 points or 0.87% from its previous closing price of Rs. 3948.35 on the BSE.
The stock opened at Rs. 3968.05 and has fluctuated between a high of Rs. 4021.00 and a low of Rs. 3931.00. Trading activity has seen 4062 shares exchanged so far.
As a BSE group 'A' stock with a face value of Rs. 10, it reached a 52-week high of Rs. 4188.15 on 03-May-2024 and a low of Rs. 2,197.55 on 09-May-2023.
Over the past week, its price ranged between Rs. 4188.15 and Rs. 3917.10. The current market capitalization stands at Rs. 153881.98 crore.
The company's promoters hold 57.29% of the shares, while Institutions and Non-Institutions own 38.76% and 3.95% respectively.
In response to increasing demand from both business and leisure travelers, InterGlobe Aviation (IndiGo) has announced the introduction of additional flights between Delhi and Phuket, Thailand, commencing June 01, 2024. The airline is doubling its current frequency from 7 to an impressive 14 flights per week.
With Thailand offering visa-free entry, these additional flights are expected to enhance travel, trade, and tourism between the two countries, thereby strengthening bilateral relations.
InterGlobe Aviation operates primarily through its subsidiary IndiGo, providing air transportation services in India and internationally.