IndiGo trades higher on commencing operations from Jharsuguda
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Interglobe Aviation is currently trading at Rs. 2596.10, up by 19.85 points or 0.77% from its previous closing of Rs. 2576.25 on the BSE.
The scrip opened at Rs. 2580.00 and has touched a high and low of Rs. 2608.00 and Rs. 2580.00 respectively. So far 9610 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. 2608.00 and Rs. 2473.00 respectively. The current market cap of the company is Rs. 100078.20 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 started operations to and from Jharsuguda, often referred to as the 'powerhouse of Odisha.' The new daily direct flights connecting Jharsuguda to Kolkata commenced on November 5, 2023, and flights from Jharsuguda to Bengaluru are scheduled to commence on November 15, 2023.
This development marks Jharsuguda as the 84th domestic and 116th overall destination within the 6E network, underlining IndiGo's commitment to enhancing regional connectivity and accessibility. These new flights will further strengthen inter-state connectivity, making it easier for travellers to reach this significant industrial and business center.
InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.
