IndiGo flies high on strengthening domestic connectivity with addition of Nasik as 77th destination

Interglobe Aviation is currently trading at Rs. 2036.00, up by 11.00 points or 0.54% from its previous closing of Rs. 2025.00 on the BSE.

interglobe aviation rises on the bourses e1625551426723
Interglobe Aviation

The scrip opened at Rs. 2025.00 and has touched a high and low of Rs. 2052.00 and Rs. 2021.45 respectively. So far 5339 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 2282.25 on 10-Feb-2022 and a 52 week low of Rs. 1513.30 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 2194.00 and Rs. 2007.55 respectively. The current market cap of the company is Rs. 78505.10 crore.

The promoters holding in the company stood at 71.92%, while Institutions and Non-Institutions held 26.09% and 1.98% respectively.

InterGlobe Aviation (IndiGo) has added Nasik as its 77th domestic and 103rd overall station in the 6E network. The airline will operate the first direct flights between Nasik-Goa, Nasik-Ahmedabad and Nasik-Nagpur, effective March 15, 2023. Nasik will be the 7th destination on the 6E network in Maharashtra, increasing the intra-state and inter-state accessibility.

Nasik, an ancient holy city in Maharashtra, is well-known for its connection to the Ramayana. Situated on the banks of Godavari River, Nasik is best known for being one of Hindu pilgrimage sites, that of Kumbh Mela which is held every 12 years and attracts many pilgrims.

Panchavati, Saptashrungi, Trimbakeshwar, Sita Gufa and Pandavleni Caves are also some of the popular sightseeing tourist destinations in the city. Nasik is also identified as the ‘Wine Capital of India’ due to the presence of numerous vineyards and wineries in the district.

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

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