Indigo gains on adding Dammam as 24th international destination on its network

17 Jan 2020 Evaluate

Interglobe Aviation (Indigo) is currently trading at Rs. 1459.20, up by 2.30 points or 0.16% from its previous closing of Rs. 1456.90 on the BSE.

The scrip opened at Rs. 1460.00 and has touched a high and low of Rs. 1473.40 and Rs. 1449.80 respectively. So far 1449 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. 1048.85 on 22-Jan-2019.

Last one week high and low of the scrip stood at Rs. 1507.45 and Rs. 1408.00 respectively. The current market cap of the company is Rs. 56060.97 crore.

The promoters holding in the company stood at 74.86%, while Institutions and Non-Institutions held 20.99% and 4.15% respectively.

InterGlobe Aviation (Indigo) has launched Dammam as its 24th international and 87th overall destination on its network. Having entered the Kingdom of Saudi Arabia in 2019, Dammam will be the third destination after Jeddah and Riyadh. The airline will operate a total of 10 daily direct flights connecting Dammam with Mumbai, Hyderabad and Trivandrum.

These flights are designed to cater to business and leisure travellers who are constantly on the lookout for new and affordable flying options. The introduction of these flights will further bolster the airline's domestic connectivity.

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

Interglobe Aviation Share Price

3560.00 14.95 (0.42%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Interglobe Aviation 3560.00
SpiceJet 60.01
Global Vectra Helico 124.80
Jet Airways (I) 49.02
Taneja Aerospace 381.00
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.