Powered by: Motilal Oswal
20-11-2023 11:33 AM | Source: Accord Fintech
IndiGo flies high on expanding codeshare connections to Helsinki, Stockholm, Oslo

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Interglobe Aviation is currently trading at Rs. 2634.65, up by 27.00 points or 1.04% from its previous closing of Rs. 2607.65 on the BSE.

The scrip opened at Rs. 2619.95 and has touched a high and low of Rs. 2647.00 and Rs. 2592.00 respectively. So far 12460 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. 1750.50 on 18-Nov-2022.

Last one week high and low of the scrip stood at Rs. 2658.80 and Rs. 2501.20 respectively. The current market cap of the company is Rs. 101889.52 crore.

The promoters holding in the company stood at 63.24%, while Institutions and Non-Institutions held 33.60% and 3.15% respectively.

InterGlobe Aviation (IndiGo) has expanded codeshare connections to Helsinki, Stockholm, and Oslo via Istanbul, in partnership with Turkish Airlines. The connections to Helsinki and Stockholm will become operational on November 23, 2023, while Oslo is effective from November 17, 2023. These additions bolster connectivity to northern Europe, offering customers access to a total of 42 destinations beyond Istanbul.

These flights are being introduced to cater to business and leisure travellers seeking new and affordable flying options to access destinations that facilitate business development and offer tourist attractions. Customers who wish to plan their travel can book tickets via the company’s official website. This new connection will further bolster the airline’s international connectivity.

InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.