InterGlobe shares up 0.6% as Nifty gains
InterGlobe Aviation Ltd. traded 0.6 per cent up in Monday's trade at 12:38PM (IST). Around 6,873 shares changed hands on the counter.
The scrip opened at Rs 3560.85 and touched an intraday high and low of Rs 3606.55 and Rs 3556.2, respectively, in the session so far. The stock of InterGlobe Aviation Ltd. quoted a 52-week high of Rs 3606.55 and a 52-week low of Rs 1812.1.
Total market cap of the InterGlobe Aviation Ltd. stood at Rs 137249.81 crore at the time of writing this report.
Key Financials The company reported consolidated net 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 corresponding quarter last year.
Shareholding pattern As of 31-Dec-2023, DIIs held 12.3 per cent stake in the firm, while foreign institutional investors held 18.7 per cent and the promoters 63.13 per cent.
Valuation ratio According to BSE data, the stock traded at a price-to-earnings multiple of 19.07 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.
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