IndiGo flies high on planning to start 38 domestic flights in September

Interglobe Aviation is currently trading at Rs. 2002.40, up by 58.15 points or 2.99% from its previous closing of Rs. 1944.25 on the BSE.

The scrip opened at Rs. 1950.00 and has touched a high and low of Rs. 2023.60 and Rs. 1935.00 respectively. So far 51676 shares were traded on the counter.

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The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1986.00 on 03-Sep-2021 and a 52 week low of Rs. 1182.60 on 24-Sep-2020.

Last one week high and low of the scrip stood at Rs. 2023.60 and Rs. 1865.10 respectively. The current market cap of the company is Rs. 77304.50 crore.

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The promoters holding in the company stood at 74.84%, while Institutions and Non-Institutions held 23.09% and 2.08% respectively.

InterGlobe Aviation (IndiGo) is planning to start 38 domestic flights in September to improve accessibility between metros and tier-2 or tier-3 cities. The airline will operate new flights between Raipur-Pune, while restarting flights between Lucknow-Ranchi, Bengaluru-Vishakhapatnam, Chennai-Indore, Lucknow- Raipur, Mumbai-Guwahati, and Ahmedabad-Indore. These flights will cater to the increased demand for travel and improve accessibility between metro and tier 2/3 cities.

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