InterGlobe Aviation Shares Hit 52-Week High In Intra-Day Trade
NDTV
In one of the largest-ever aircraft purchases by an airline, IndiGo on Monday announced placing a firm order to buy 500 narrow-body planes from Airbus as the airline embarks on an ambitious long-term growth path.
Shares of InterGlobe Aviation climbed nearly 3 per cent to hit its 52-week high level during the trade on Tuesday, a day after IndiGo announced placing a firm order to buy 500 narrow-body planes from Airbus.
The stock of the parent of IndiGo gained 2.76 per cent to hit its 52-week high of Rs 2,499.95 during the day on the BSE. However, later it trimmed most of the early gains and ended almost flat at Rs 2,438.35, up 0.23 per cent.
At the NSE, shares of the company advanced 2.37 per cent to its 52-week high of Rs 2,490 in intra-day trade. Later, it gave up most of the gains and ended at Rs 2,434.40, up 0.09 per cent.
In one of the largest-ever aircraft purchases by an airline, IndiGo on Monday announced placing a firm order to buy 500 narrow-body planes from Airbus as the airline embarks on an ambitious long-term growth path.
