Share price of InterGlobe Aviation Ltd. falls as Sensex drops 798.09 points

Share price of InterGlobe Aviation Ltd. falls as Sensex drops 798.09 points

Share price of InterGlobe Aviation Ltd. dropped 3.62 per cent to Rs 968.4 at 02:08PM (IST) in Thursday's trade. The counter hit a high of Rs 1003.35 and low of Rs 968.15 so far during the session. The stock had closed at Rs 1004.8 in the previous session.

The counter had a total traded volume of 42,653 shares so far with a turnover of Rs 4.16 crore on BSE. The stock traded at a price-to-earnings multiple of 30.36 and a price-to-book ratio of 5.38.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

InterGlobe Aviation Ltd. belongs to the Airlines industry.

Promotor/FII Holding
Promoters held 38.22 per cent stake in the company as of 31-Mar-2020, while FIIs and domestic institutional investors ownership stood at 13.59 per cent and 7.91 per cent, respectively.

Key Financials
The firm reported consolidated net sales of Rs 9931.69 crore for the quarter ended 31-Dec-2019, up 22.53 per cent from the previous quarter's Rs 8105.19 crore and up 25.46 per cent from the year-ago quarter's Rs 7916.22 crore.

Its profit for the latest quarter stood at Rs 495.972 crore, up 167.85 per cent from the same quarter a year ago.
Commenting feature is disabled in your country/region.