InterGlobe shares up 0.39% as Nifty gains
InterGlobe Aviation Ltd. traded 0.39 per cent up in Monday's trade at 11:26AM (IST). Around 16,651 shares changed hands on the counter.
The stock opened at Rs 4309.9 and touched an intraday high and low of Rs 4333.95 and Rs 4268.0, respectively, in the session so far. The stock of InterGlobe Aviation Ltd. quoted a 52-week high of Rs 4610.0 and a 52-week low of Rs 2334.95.
Total market cap of the InterGlobe Aviation Ltd. stood at Rs 166858.59 crore at the time of writing this report.
Key Financials The company reported consolidated sales of Rs 18505.1 crore for the quarter ended 31-Mar-2024, down 7.76 per cent from previous quarter's Rs 20062.25 crore and down 26.75 per cent from the year-ago quarter's Rs 14600.12 crore.
The net profit for latest quarter stood at Rs 1894.82 crore, up 106.14 per cent from the corresponding quarter last year.
Shareholding pattern As of 31-Mar-2024, DIIs held 12.38 per cent stake in the company, 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 P/E multiple of 20.42 and a price-to-book ratio of 68.53. 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 ETMarkets Read more on economictimes.indiatimes.com
