Interglobe Aviation Ltd.

Interglobe Aviation is currently trading at Rs. 2528.25, up by 66.00 points or 2.68% from its previous closing of Rs. 2462.25 on the BSE.

The scrip opened at Rs. 2460.00 and has touched a high and low of Rs. 2546.05 and Rs. 2460.00 respectively. So far 19300 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2,546.05 on 27-Jun-2023 and a 52 week low of Rs. 1572.60 on 28-Jun-2022.

Last one week high and low of the scrip stood at Rs. 2,546.05 and Rs. 2431.25 respectively. The current market cap of the company is Rs. 97427.75 crore.

The promoters holding in the company stood at 67.86%, while Institutions and Non-Institutions held 29.93% and 2.21% respectively.

InterGlobe Aviation (IndiGo) has added Nairobi, the capital of Kenya, as the 27th international and 105th overall destination in the 6E network. The airline opened bookings for daily non-stop flights between Mumbai, India's financial capital, and Nairobi, Kenya's largest city starting August 5, 2023. 

This new route marks IndiGo's entry into the African subcontinent and brings numerous benefits to both business and leisure travellers. It represents a significant stride in IndiGo's international expansion strategy, as it strengthens strategic ties, trade, and travel routes between the two countries, thereby promoting economic growth.

Enhanced accessibility will benefit business travellers and boost tourism, cultural exchanges, and collaboration in various fields. It marks an important milestone in the India-Kenya relationship and demonstrates the shared commitment to fostering mutually beneficial partnerships for growth and development.

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