IndiGo rises on entering into tourism collaboration with Austrian National Tourist Office
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Interglobe Aviation is currently trading at Rs. 2044.25, up by 2.85 points or 0.14% from its previous closing of Rs. 2041.40 on the BSE.
The scrip opened at Rs. 2059.95 and has touched a high and low of Rs. 2059.95 and Rs. 2037.00 respectively. So far 3750 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2280.80 on 11-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. 2194.00 and Rs. 2007.55 respectively. The current market cap of the company is Rs. 78869.44 crore.
The promoters holding in the company stood at 71.92%, while Institutions and Non-Institutions held 26.09% and 1.98% respectively.
InterGlobe Aviation (IndiGo) has entered into first tourism collaboration with Austrian National Tourist Office, to promote travel to Vienna through its codeshare partnership with Turkish Airlines. Recently, IndiGo started daily connections to Vienna, increasing capacity and offering affordable fares to the mesmerizing destination in Europe. The partnership will contribute to increased accessibility, trade, and tourism across both the countries.
Europe has always been one of the most popular tourist destinations due to its strong depiction in Bollywood. With the ease of obtaining a Schengen visa from cities such as Delhi and Lucknow, Indian citizens are increasingly planning vacations to European countries. Visa applications for Austria, the Netherlands, Switzerland, the Czech Republic, Estonia, Portugal, Hungary, Italy, and Germany are in high demand.
InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.
