IndiGo flies high on adding three new routes to and from Pune
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Interglobe Aviation is currently trading at Rs. 2680.00, up by 49.95 points or 1.90% from its previous closing of Rs. 2630.05 on the BSE.
The scrip opened at Rs. 2639.85 and has touched a high and low of Rs. 2693.05 and Rs. 2625.15 respectively. So far 12534 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2724.95 on 07-Jul-2023 and a 52 week low of Rs. 1644.50 on 08-Jul-2022.
Last one week high and low of the scrip stood at Rs. 2724.95 and Rs. 2585.70 respectively. The current market cap of the company is Rs. 103583.01 crore.
The promoters holding in the company stood at 67.86%, while Institutions and Non-Institutions held 29.93% and 2.21% respectively.
InterGlobe Aviation (IndiGo) has added three new routes to and from Pune in response to the rising demand for travel this season from the smart city. Commencing operations between Pune-Jodhpur on June 16, 2023, and starting operations between Pune-Rajkot and Pune-Vadodara on July 03, 2023, these network additions aim to strengthen domestic connectivity and provide customers with increased flight options. By introducing these new routes, IndiGo aims to enhance mobility, accessibility, and interstate connectivity across the golden triangle of Maharashtra, Gujarat, and Rajasthan.
Pune is widely regarded as the second major IT hub and the most important automobile and manufacturing hub in India. Jodhpur, widely known as the Blue City, is home to numerous forts, palaces, and temples. It is also a major industrial city in Rajasthan, housing several industrial complexes. Rajkot is a city renowned for its heritage and is famous for traditional handicrafts such as silk work, embroidery, and patola weaving. Vadodara, also known as Baroda, is a city in the Indian state of Gujarat. It is known for its rich cultural heritage, historical monuments, and beautiful gardens.
InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.
