Previous close | 3,812.55 |
Open | 3,858.00 |
Bid | 3,928.70 x 0 |
Ask | 3,930.80 x 0 |
Day's range | 3,835.00 - 3,972.00 |
52-week range | 2,007.20 - 3,972.00 |
Volume | |
Avg. volume | 1,278,841 |
Market cap | 1.518T |
Beta (5Y monthly) | 0.57 |
PE ratio (TTM) | 21.10 |
EPS (TTM) | 186.43 |
Earnings date | 26 Apr 2024 - 11 May 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 19 Aug 2019 |
1y target est | 3,700.55 |
BENGALURU (Reuters) -Rakesh Gangwal, co-founder of Indian airline IndiGo, sold a 5.8% stake worth $820.3 million in operator Interglobe Aviation via bulk deals on Monday. Gangwal, who held a 11.72% stake in Interglobe, as of December-end, sold 22.5 million shares at a price between 3,015.10 and 3,016.36 rupees per share, according to stock exchange data. Morgan Stanley bought 2.1 million shares, according to the data.
BENGALURU (Reuters) -IndiGo operator Interglobe Aviation has been allowed to wet-lease 11 A320 aircraft, CNBC-TV18 reported on Wednesday, citing sources at the Directorate General of Civil Aviation. This comes amid IndiGo grounding nearly 40 planes due to a Pratt & Whitney engine issue, the report said. Pratt's owner RTX had on Monday said it would have to pull a total of 600 to 700 engines off their Airbus A320neo jets for lengthy quality inspections between 2023 and 2026.
The family of IndiGo's co-founder Rakesh Gangwal will sell operator Interglobe Aviation's shares worth up to $450 million via a block deal on Wednesday, CNBC-TV18 reported on Tuesday, citing sources privy to the developments. The offer floor price for the sale by Rakesh Gangwal and wife Shobha Gangwal is set at 2,400 rupees per share - nearly a 6% discount on the current market price. IndiGo did not immediately respond to a Reuters request for comment.