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Indigo flies high on starting new flight between Mangaluru to Bengaluru

Indigo flies high on starting new flight between Mangaluru to Bengaluru

Interglobe Aviation is currently trading at Rs. 1322.10, up by 1.90 points or 0.14% from its previous closing of Rs. 1320.20 on the BSE.

The scrip opened at Rs. 1328.80 and has touched a high and low of Rs. 1334.45 and Rs. 1306.80 respectively. So far 60894 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1911.00 on 23-Sep-2019 and a 52 week low of Rs. 956.45 on 06-Dec-2018.

Last one week high and low of the scrip stood at Rs. 1462.00 and Rs. 1306.80 respectively. The current market cap of the company is Rs. 50855.48 crore.

The promoters holding in the company stood at 74.89%, while Institutions and Non-Institutions held 20.87% and 4.25% respectively.

InterGlobe Aviation (Indigo) has introduced new flight on the segment between Mangaluru and Bengaluru. With this, the number of flights operating on this route has gone up to ten. The airline has already been operating four flights on this route on a daily basis. Encouraged by the consumer response, the airline has introduced one more flight.

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