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IndiGo inches up on unveiling new daily flights to enhance connectivity between India and Middle East

09 Feb 2023 Evaluate

Interglobe Aviation is currently trading at Rs. 2047.55, up by 6.80 points or 0.33% from its previous closing of Rs. 2040.75 on the BSE.

The scrip opened at Rs. 2031.05 and has touched a high and low of Rs. 2052.85 and Rs. 2031.05 respectively. So far 1445 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. 78917.64 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 launched new daily flights between Abu Dhabi-Hyderabad, Chennai-Muscat, and Abu Dhabi-Chennai, effective March 26, 2023. Operations of these flights will provide more options to customers planning vacations and business trips to and from the Middle East.

The new connection to Abu Dhabi will improve access to tourist attractions such as the Sheikh Zayed Grand Mosque, Ferrari World, the Louvre Abu Dhabi, Yas Island, and others. Furthermore, Abu Dhabi's cutting-edge architecture and stunning sea views are a sight to behold. Muscat is another Middle Eastern city well-known for its tourist attractions and business opportunities.

Muscat's top tourist attractions include Mutrah Corniche, Grand Mosque Muscat, Royal Opera House Muscat, Yiti Beach, and Bait Al Zubair. Besides that, trade, petroleum, liquefied natural gas, and porting dominate Muscat's economy. Moreover, Muscat is well-known for its first-grade medical facilities and medical institutions, making it a top destination for medical students.

Chennai, the capital city of Tamil Nadu, is well-known for its culture and ancient temples and attracts many tourists. Furthermore, Chennai is recognized for its medical facilities as well as the presence of various automobile and software industries. Hyderabad is also a popular destination as it offers a variety of popular tourist attractions as well as first-rate medical services. Hyderabad is home to several historic sites like Charminar, Golconda Fort, Chowmahalla Palace, Salar Jung Museum and many more.

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

Interglobe Aviation Share Price

4692.55 13.30 (0.28%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Interglobe Aviation 4692.55
SpiceJet 13.93
Raymond 448.45
Global Vectra Helico 194.05
Taneja Aerospace 275.65
View more..

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