InterGlobe shares gain 0.48% as Sensex rises
InterGlobe Aviation Ltd. traded 0.48 per cent up at Rs 2551.85 at 12:38PM (IST) on Wednesday, even as BSE benchmark Sensex gained 601.82 points to 65535.69.
The scrip had settled at Rs 2539.65 in the previous session.
The stock quoted a 52-week high price of Rs 2745.95 and 52-week low of Rs 1737.45, respectively. As per BSE data, total traded volume on the counter till 12:38PM (IST) stood at 5148 shares with a turnover of Rs 1.31 crore.
At the current price, the stock traded at 17.5 times its trailing 12-month earnings per share of Rs 145.71 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 38.02 per cent stake in the company as of 30-Sep-2023, while FIIs owned 20.29 per cent and DIIs 11.02 per cent.
Technicals On the technical charts, the relative strength index (RSI) of the stock stood at 55.02. The RSI oscillates between zero and 100.
