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Why Is Indigo Co-Founder Reducing Stake? | Stock Tumbles | All You Need To Know
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Aviation sector traders on Wednesday morning were ... moreAviation sector traders on Wednesday morning were spooked.
The news of Indigo’s co-founder selling a significant stake in the company sent the stock tumbling down in early trade. As per reports, IndiGo co-founder Rakesh Gangwal and his family will sell around 4% stake in inter globe aviation Ltd.
But why is Gangwal reducing his stake in the biggest airline in the country and a company he co-founded? Watch the full video to find out.
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