InterGlobe Share Price: InterGlobe shares up 2.19% as Nifty gains

NEW DELHI: Shares of InterGlobe Aviation Ltd. traded 2.19 per cent up in Wednesday’s trade at 10:00AM (IST). Around 8,788 shares changed hands on the counter.

The scrip opened at Rs 1700.0 and touched an intraday high and low of Rs 1730.25 and Rs 1693.9, respectively, in the session so far. The stock of InterGlobe Aviation Ltd. quoted a 52-week high of Rs 1859.9 and a 52-week low of Rs 1161.7.

As per BSE, the total market cap of the InterGlobe Aviation Ltd. stood at Rs 66468.18 crore at the time of writing this report.

Key Financials

The company reported consolidated net sales of Rs 3170.25 crore for the quarter ended 30-Jun-2021, down 50.17 per cent from previous quarter’s Rs 6361.8 crore and down 177.16 per cent from the year-ago quarter’s Rs 1143.82 crore.

The net loss for latest quarter stood at Rs 3174.18 crore, up 11.6 per cent from the same quarter a year ago.

Shareholding pattern

As of 30-Jun-2021, domestic institutional investors held 2.6 per cent stake in the company, while foreign institutional investors held 19.17 per cent and the promoters 38.2 per cent.

Valuation ratio

According to BSE data, the stock traded at a price-to-earnings multiple of -10.83 and a price-to-book ratio of 599.54. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.

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