InterGlobe shares drop 0.9% as Sensex falls
InterGlobe Aviation Ltd. traded 0.9 per cent down at Rs 2365.45 at 12:38PM (IST) on Thursday, even as BSE benchmark Sensex dropped 342.4 points to 65776.29.
The stock had closed at Rs 2387.05 in the previous session.
The stock quoted a 52-week high price of Rs 2745.95 and 52-week low of Rs 1676.0, respectively. As per BSE data, total traded volume on the counter till 12:38PM (IST) stood at 3803 shares with a turnover of Rs 0.91 crore.
At the prevailing price, shares of the company traded at 23.72 times its trailing 12-month earnings per share of Rs 99.83 per share and -11.79 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future.
Price-to-book value indicates the inherent value of a company and reflects the price investors are ready to pay even for no growth in the business. The stock's Beta value, which measures its volatility in relation to the broader market, stood at 0.88.
Shareholding Details
Promoters held 38.05 per cent stake in the company as of 30-Jun-2023, while FIIs owned 19.76 per cent and DIIs 8.76 per cent.
Technicals On the technical charts, the relative strength index (RSI) of the stock stood at 38.18. The RSI oscillates between zero and 100.
