IndiGo rises on launching additional flights between Jeddah - Mumbai

26 Jun 2024 Evaluate

Interglobe Aviation is currently trading at Rs. 4242.20, up by 5.60 points or 0.13% from its previous closing of Rs. 4236.60 on the BSE.

The scrip opened at Rs. 4242.00 and has touched a high and low of Rs. 4265.70 and Rs. 4213.40 respectively. So far 18030 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4610.00 on 10-Jun-2024 and a 52 week low of Rs. 2334.95 on 28-Sep-2023.

Last one week high and low of the scrip stood at Rs. 4345.00 and Rs. 4185.80 respectively. The current market cap of the company is Rs. 163740.30 crore.

The promoters holding in the company stood at 57.29%, while Institutions and Non-Institutions held 38.76% and 3.95% respectively.

InterGlobe Aviation (IndiGo) has launched additional daily, nonstop flights between Mumbai and Jeddah, effective August 15, 2024. This strategic expansion caters to the growing demand for travel between India and the Middle East. The addition of these daily flights reflects IndiGo's commitment to strengthening its international presence and connecting key destinations across its extensive network.

The Mumbai-Jeddah route connects two vibrant cultural and economic hubs. Jeddah, the gateway to the holy cities of Mecca and Medina, welcomes travellers seeking both spiritual fulfilment and rich cultural experiences. Mumbai, renowned for its iconic landmarks, offers a taste of India's diverse heritage. This increased connectivity provides unparalleled convenience and flexibility for travellers.

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

Interglobe Aviation Share Price

4350.70 -83.25 (-1.88%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Interglobe Aviation 4350.70
SpiceJet 57.84
Global Vectra Helico 298.75
Taneja Aerospace 435.00
TAAL Enterprises 2922.85
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