InterGlobe shares gain 1.52% as Sensex rises
InterGlobe Aviation Ltd. traded 1.52 per cent higher in Friday's session at 11:06AM (IST). The stock opened at Rs 3163.95 and has touched an intraday high and low of Rs 3176.0 and Rs 3135.5, respectively, during the session so far.
The stock quoted a 52-week high of Rs 3301.4 and a 52-week low of 1810.45. About 2,293 shares changed hands on the counter so far.
Benchmark Nifty50 was up 38.96 points at 22256.4, while the BSE Sensex traded 120.45 points higher at 73278.69 at the time of writing of this report.
In the Nifty pack, 31 stocks traded the day in the green, while 19 were in the red.
Key Financials For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 20062.25 crore, up 29.41 per cent from the previous quarter's Rs 15502.94 crore and up 30.19 per cent from the year-ago quarter. The company reported net profit of Rs 2998.12 crore for the latest quarter.
Promoter Holdings Promoters held 63.13 per cent stake in the company as of 31-Dec-2023, while FIIs held 18.7 per cent and MFs 12.3 per cent.
Technicals On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 2638.35 on February 23, while the 50-DMA was at Rs 3015.27. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.
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