InterGlobe shares up 0.59% as Nifty gains
A total of 6,414 shares changed hands on the counter till 11:32AM (IST).
NEW DELHI: Shares of . traded 0.59 per cent up in Thursday's trade at 11:32AM (IST). Around 6,414 shares changed hands on the counter.The stock opened at Rs 4297.95 and touched an intraday high and low of Rs 4324.0 and Rs 4267.5, respectively, in the session so far. Shares of the company of . quoted a 52-week high of Rs 4610.0 and a 52-week low of Rs 2334.95.
As per , the total market cap of the Ltd. stood at Rs 166175.4 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 18505.1 crore for the quarter ended 31-Mar-2024, down 7.76 per cent from previous quarter's Rs 20062.25 crore and down 26.75 per cent from the year-ago quarter's Rs 14600.12 crore.
The net profit for latest quarter stood at Rs 1894.82 crore, up 106.14 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 company, while foreign institutional investors held 23.66 per cent and the promoters 37.91 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 20.33 and a price-to-book ratio of 68.53. 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
