Share price of InterGlobe jumps as Sensex gains 239.41 points

Share price of InterGlobe jumps as Sensex gains 239.41 points
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Synopsis

A total of 10,860 shares changed hands on the counter till 11:54AM (IST)

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Analysts said Nifty faced stiff resistance near 9,500 on Friday and remained mostly rangebound between 9,000 and 9,500 levels.
Share price of InterGlobe Aviation Ltd. gained 0.53 per cent to Rs 1785.95 at 11:54AM (IST) in Tuesday's trade. The counter hit a high of Rs 1798.0 and low of Rs 1776.95 so far during the session. The stock had closed at Rs 1776.45 in the previous session.

The counter had a total traded volume of 11:54AM shares so far with a turnover of Rs 1.94 crore on BSE. The stock traded at a price-to-earnings multiple of -11.85 and a price-to-book ratio of 7.0.

A higher price-to-earnings 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 74.84 per cent stake in the company as of 31-Mar-2021, while foreign investors and domestic institutional investors ownership stood at 19.52 per cent and 3.63 per cent, respectively.

Key Financials
The company reported consolidated net sales of Rs 6361.8 crore for the quarter ended 31-Mar-2021, up 23.7 per cent from the previous quarter's Rs 5142.77 crore and up 26.32 per cent from the year-ago quarter's Rs 8634.62 crore.

Its loss for the latest quarter stood at Rs 1147.16 crore, up 31.74 per cent from the same quarter a year ago.

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