Previous close | 4,189.05 |
Open | 4,324.00 |
Bid | 0.00 x 0 |
Ask | 4,298.05 x 0 |
Day's range | 4,230.10 - 4,324.00 |
52-week range | 2,331.10 - 4,529.00 |
Volume | |
Avg. volume | 1,328,319 |
Market cap | 1.659T |
Beta (5Y monthly) | 0.57 |
PE ratio (TTM) | 20.32 |
EPS (TTM) | 211.55 |
Earnings date | 31 Jul 2024 - 05 Aug 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 19 Aug 2019 |
1y target est | 4,656.35 |
BENGALURU (Reuters) -Rakesh Gangwal, co-founder of Indian airline IndiGo, sold a 5.8% stake worth $820.3 million in operator Interglobe Aviation via bulk deals on Monday. Gangwal, who held a 11.72% stake in Interglobe, as of December-end, sold 22.5 million shares at a price between 3,015.10 and 3,016.36 rupees per share, according to stock exchange data. Morgan Stanley bought 2.1 million shares, according to the data.
Indian airlines and plane makers Boeing and Airbus will reveal new orders this week and showcase large jets as they look to cash in on a boom in a fast-growing aviation market with a greater focus on international routes. As India sets its sights on becoming a regional aviation hub to rival Dubai and Singapore, the Wings India event in its southern city of Hyderabad, running from Thursday to Sunday, is set to draw representatives of lessors and government as well. "Air traffic, airports and fleet size are going to grow at a double digit growth annually in years to come," the civil aviation minister, Jyotiraditya Scindia, told Reuters last week in response to a question on industry growth.
BENGALURU (Reuters) -IndiGo operator Interglobe Aviation has been allowed to wet-lease 11 A320 aircraft, CNBC-TV18 reported on Wednesday, citing sources at the Directorate General of Civil Aviation. This comes amid IndiGo grounding nearly 40 planes due to a Pratt & Whitney engine issue, the report said. Pratt's owner RTX had on Monday said it would have to pull a total of 600 to 700 engines off their Airbus A320neo jets for lengthy quality inspections between 2023 and 2026.