InterGlobe shares up 0.82% as Nifty gains
A total of 4,533 shares changed hands on the counter till 12:22PM (IST).
NEW DELHI: Shares of . traded 0.82 per cent up in Wednesday's trade at 12:22PM (IST). Around 4,533 shares changed hands on the counter.The counter opened at Rs 3712.45 and touched an intraday high and low of Rs 3750.0 and Rs 3708.5, respectively, in the session so far. Shares of the company of . quoted a 52-week high of Rs 3849.45 and a 52-week low of Rs 1974.9.
Total market cap of the Ltd. stood at Rs 144282.69 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 20062.25 crore for the quarter ended 31-Dec-2023, up 29.41 per cent from previous quarter's Rs 15502.94 crore and up 30.19 per cent from the year-ago quarter's Rs 15410.2 crore.
The net profit for latest quarter stood at Rs 2998.12 crore, up 110.75 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Mar-2024, domestic institutional investors held 12.38 per cent stake in the firm, while foreign institutional investors held 23.66 per cent and the promoters 57.29 per cent.
Valuation ratio
According to data, the stock traded at a P/E multiple of 20.05 and a price-to-book ratio of -11.79. 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.
Ltd. belongs to the Airlines industry.
Source: Stocks-Markets-Economic Times
