IndiGo trades higher on commencing operations from Donyi Polo Airport in Itanagar
InterGlobe Aviation (IndiGo) is currently trading at Rs. 1916.20, up by 2.95 points or 0.15% from its previous closing of Rs. 1913.25 on the BSE.
The scrip opened at Rs. 1915.00 and has touched a high and low of Rs. 1938.45 and Rs. 1906.00 respectively. So far 7695 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2282.25 on 10-Feb-2022 and a 52 week low of Rs. 1513.30 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 1967.45 and Rs. 1822.05 respectively. The current market cap of the company is Rs. 73768.33 crore.
The promoters holding in the company stood at 71.93%, while Institutions and Non-Institutions held 25.90% and 2.18% respectively.
InterGlobe Aviation (IndiGo) has commenced its operations from Donyi Polo Airport in Itanagar with effective from November 28, 2022, in line with its vision to enhance connectivity to the northeast. Itanagar will be 75th domestic and 101st overall destination in the 6E network. A second frequency between Kolkata and Itanagar will commence on December 03, 2022.
Itanagar's new airport, formally known as Donyi Polo Airport, is only 15 kilometres from the state capital. Increased access to Itanagar, often known as the country of dawn-lit mountains, will increase tourist footfall at attractions such as Ita Fort, Jawaharlal Nehru Museum, Namdapha National Park, and Tawang, a lovely town nestled between the Gudpi and Chong-Chung Mi ranges. These flights are designed to cater to business and leisure travellers who are constantly on the lookout for new and affordable flying options to access destinations which help in building businesses and are known for their tourist attractions.
InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.