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InterGlobe Share Price: InterGlobe shares up 4.72% as Nifty gains

Shares of InterGlobe Aviation Ltd. rose 4.72 per cent to Rs 4267.5 in Wednesday’s trade. It hit an intraday high of Rs 4280.0 and low of Rs 4031.4, respectively, during the day.

The stock quoted a 52-week high price of Rs 4520.0 and low of Rs 2331.2.

As of 11:21AM (IST), the counter saw total traded volume of 21,687 shares with a traded value of Rs 8.97 crore, according to NSE.

The stock had closed at Rs 4075.0 in the previous session.

The scrip has advanced 6.18 per cent in the past one month till date, while the benchmark BSE Sensex has slipped -1.33 per cent during the same period. According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 19.47 while price-to-book ratio stood at 68.53. A higher P/E ratio shows that investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations. The price-to-book value indicates the inherent value of a company and it reflects the price investors are ready to pay even for no growth in a business. The stock belongs to the Airlines industry. Promoter/FII Holding
Promoters held 37.91 per cent stake in the company as of 31-Mar-2024, while FII and MF ownership in the firm stood at 23.66 per cent and 12.38 per cent, respectively.

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 the previous quarter’s Rs 20062.25 crore and down 26.75 per cent from the year-ago quarter’s Rs 14600.12 crore. Its net profit for the latest quarter stood at Rs 1894.82 crore, up 106.14 per cent from the same quarter a year ago.

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