Share price of InterGlobe rises as Nifty strengthens
InterGlobe Aviation Ltd. gained 3.54 per cent to Rs 4451.2 in Thursday's trade as of 10:04AM (IST). The stock hit a high price of Rs 4471.15 and low of Rs 4377.05 during the session.
The return on equity (ROE) for the stock stood at 409.35 per cent. Traded volume on the counter stood at 10:04AM shares and turnover at Rs 8.62 crore around that time. The stock of InterGlobe Aviation Ltd. quoted a 52-week high price of Rs 4610.0 and 52-week low prices of Rs 2334.95, respectively.
The stock's Beta value, which measures its volatility in relation to the broader market, stood at 0.88.
Promotor/FII Holding Promoters held 35.91 per cent stake in the company as of 30-Jun-2024, while overseas investors held 24.44 per cent and domestic institutional investors had 12.67 per cent.
Key Financials The company reported consolidated sales of Rs 20248.9 crore for the quarter ended 30-Jun-2024, up 9.42 per cent from previous quarter's Rs 18505.1 crore and up 17.99 per cent from the year-ago quarter's Rs 17160.87 crore. Net profit after tax for the latest quarter stood at Rs 2728.8 crore, down 11.71 per cent from the same quarter a year ago.
Technicals
The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on topof the MACD to reflect «buy» or «sell» opportunities. When the MACD crosses below the signal
