IndiGo trades marginally higher on unveiling new direct flights from Madurai to Abu Dhabi
Interglobe Aviation is currently trading at Rs. 5512.05, up by 9.35 points or 0.17% from its previous closing of Rs. 5502.70 on the BSE.
The scrip opened at Rs. 5520.00 and has touched a high and low of Rs. 5530.50 and Rs. 5470.00 respectively. So far 3414 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5665.65 on 19-May-2025 and a 52 week low of Rs. 3778.50 on 28-Oct-2024.
Last one week high and low of the scrip stood at Rs. 5665.65 and Rs. 5330.00 respectively. The current market cap of the company is Rs. 213313.79 crore.
The promoters holding in the company stood at 49.27%, while Institutions and Non-Institutions held 45.84% and 4.88% respectively.
InterGlobe Aviation (IndiGo) has unveiled new direct flights connecting the culturally vibrant city of Madurai in Tamil Nadu to Abu Dhabi, from June 13, 2025. Madurai will be the 16th Indian city with direct connectivity to Abu Dhabi and comes days after the airline announced direct flights from Bhubaneswar and Visakhapatnam to the capital of the United Arab Emirates. The tri-weekly flights between Madurai and Abu Dhabi further strengthens IndiGo’s international connectivity and making global travel more seamless and affordable for Indian travellers.
By connecting tier-2 cities like Madurai to key global hubs, IndiGo is unlocking new opportunities for growth across diverse sectors. This direct flight will facilitate the seamless export of agricultural products, textiles, and other key commodities from the region to the UAE and beyond, boosting local businesses and fostering economic growth. The direct flight between the cities eliminates the need for connections, reducing travel time for business travelers, students, and families, and providing more convenient travel experience. This strategic addition reinforces
IndiGo's position as the preferred carrier, operating over 280 weekly flights to five destinations in the UAE from 20 Indian cities.
InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.
