InterGlobe shares down 1.32% as Nifty drops
InterGlobe Aviation Ltd. traded 1.32 per cent down in Tuesday's trade at 11:57AM (IST). Around 12,950 shares changed hands on the counter.
The scrip opened at Rs 4002.4 and touched an intraday high and low of Rs 4040.85 and Rs 3930.0, respectively, in the session so far. Shares of the company of InterGlobe Aviation Ltd. quoted a 52-week high of Rs 4188.15 and a 52-week low of Rs 2158.85.
Total market cap of the InterGlobe Aviation Ltd. stood at Rs 154325.86 crore at the time of writing this report.
Key Financials The company reported consolidated sales of Rs 20062.25 crore for the quarter ended 31-Dec-2023, up 29.41 per cent from previous quarter's Rs 15502.94 crore and up 30.19 per cent from the year-ago quarter's Rs 15410.2 crore.
The net profit for latest quarter stood at Rs 2998.12 crore, up 110.75 per cent from the same quarter a year ago.
Shareholding pattern As of 31-Mar-2024, DIIs held 12.38 per cent stake in the firm, while foreign institutional investors held 23.66 per cent and the promoters 57.29 per cent.
Valuation ratio According to BSE data, the stock traded at a price-to-earnings multiple of 20.48 and a price-to-book ratio of -11.79. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
InterGlobe Aviation Ltd. belongs to the Airlines industry.
(You can now subscribe to our Read more on economictimes.indiatimes.com
