InterGlobe shares up 0.82% as Nifty gains

InterGlobe shares up 0.82% as Nifty gains

Shares of InterGlobe Aviation Ltd traded 0.82% up in Wednesday’s trade at 12:22PM (IST). The counter opened at Rs 3712.45 and touched an intraday high and low of Rs 3750.0 and Rs 3708.5, respectively, in the session so far. Shares of the company of InterGlobe Aviation Ltd quoted a 52-week high of Rs 3849.45 and a 52-week low of Rs 1974.9. The company reported consolidated sales of Rs 20,062.25 crore for the quarter ended 31-Dec-2023, up 29.41% from the previous quarter’s Rs 15,502.94 crore and up 30.19% from the year-ago quarter’s Rs 15,410.2 crore. The net profit for the latest quarter stood at Rs 2,998.12 crore, up 110.75% from the corresponding quarter last year. As of 31-Mar-2024, domestic institutional investors held 12.38% stake in the firm, while foreign institutional investors held 23.66% and the promoters 57.29%. According to BSE data, the stock traded at a P/E multiple of 20.05 and a price-to-book ratio of -11.79. InterGlobe Aviation Ltd. belongs to the Airlines industry.

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