14-03-2024 03:36 PM | Source: Accord Fintech
IndiGo flies high on unveiling new direct flights between Mumbai - Colombo

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Interglobe Aviation is currently trading at Rs. 3159.05, up by 46.80 points or 1.50% from its previous closing of Rs. 3112.25 on the BSE.

The scrip opened at Rs. 3090.05 and has touched a high and low of Rs. 3186.45 and Rs. 3082.00 respectively. So far 16904 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3318.40 on 12-Mar-2024 and a 52 week low of Rs. 1810.45 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 3318.40 and Rs. 3015.10 respectively. The current market cap of the company is Rs. 122527.00 crore.

The promoters holding in the company stood at 63.13%, while Institutions and Non-Institutions held 33.42% and 3.46% respectively.

InterGlobe Aviation (IndiGo) has unveiled new direct flights between Mumbai and Colombo starting April 12, 2024. These flights will operate three times a week on Tuesday, Thursday, and Friday, and play a key role in enhancing connectivity between the financial capital of India - Mumbai, and the capital of Sri Lanka. With this new connection, Mumbai has become the fourth destination in India with direct connectivity to Colombo, after Bengaluru, Hyderabad, and Chennai.

India and Sri Lanka share a rich legacy of intellectual, cultural, religious and trade relations spanning over 2,500 years. Colombo serves as a bustling hub for both business and tourism. The city is well-connected to the international airport and offers easy access to the island nation. Colombo itself is a city of contrasts, where modern skyscrapers stand alongside colonial-era architecture. Travellers can explore a wealth of cultural and historical landmarks, including the Gangaramaya Temple and the National Museum. For culinary adventure lovers, Colombo's diverse food scene offers a tempting array of flavours, from spicy curries to fresh seafood.

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