IndiGo flies high on commencing non-stop daily flights between Bengaluru-Shivamogga
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Interglobe Aviation is currently trading at Rs. 2436.25, up by 3.00 points or 0.12% from its previous closing of Rs. 2433.25 on the BSE.
The scrip opened at Rs. 2415.05 and has touched a high and low of Rs. 2445.05 and Rs. 2402.50 respectively. So far 11068 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2745.95 on 13-Jul-2023 and a 52 week low of Rs. 1676.00 on 09-Nov-2022.
Last one week high and low of the scrip stood at Rs. 2510.00 and Rs. 2402.50 respectively. The current market cap of the company is Rs. 94106.15 crore.
The promoters holding in the company stood at 67.77%, while Institutions and Non-Institutions held 30.20% and 2.02% respectively.
InterGlobe Aviation (IndiGo) has commenced non-stop daily flights between Bengaluru and Shivamogga, with effect from August 31, 2023. Shivamogga is the 79th domestic destination and 109th overall destination in the 6E network. IndiGo currently connects to Bengaluru, Mysore, Mangaluru, Hubballi, and Belagavi in Karnataka. This direct flight will enhance intrastate accessibility while connecting Shivamogga to key domestic and international destinations through Bengaluru.
Shivamogga, located in Karnataka on the banks of the Tunga River, is an ideal destination to experience the beauty of nature. It is often referred to as the ‘gateway to Malnad’ as it leads to the hilly regions of the Western Ghats. Blessed with natural beauty, this lesser-known hill station is a treasure of Karnataka. Five major rivers, namely Tunga, Sharavathi, Kumudavath, Tungabhadra, and Varada, flow through the city, adding to its charm.
InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.
