IndiGo rises on expanding network within Indonesia with addition of Bali
InterGlobe Aviation is currently trading at Rs. 3100.40, up by 4.00 points or 0.13% from its previous closing of Rs. 3096.40 on the BSE.
The scrip opened at Rs. 3102.55 and has touched a high and low of Rs. 3122.80 and Rs. 3089.50 respectively. So far 5789 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3301.40 on 05-Feb-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. 3155.45 and Rs. 3011.35 respectively. The current market cap of the company is Rs. 119662.43 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) is all set to commence operations from Denpasar in Bali, Indonesia, effective March 29, 2024. Committed to expanding its global network, the airline has announced daily direct flight from Bengaluru to cater to the substantial surge in Indian tourists travelling to the island of Bali.
IndiGo started operations to Jakarta in 2023 and Bali will be its second destination in Indonesia making Denpasar the 33rd international and 119th overall destination to join the extensive 6E network. Bookings for the flight are open from February 20, 2024.
InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.
