InterGlobe shares up 1.56% as Nifty drops
A total of 13,842 shares changed hands on the counter till 10:51AM (IST).
NEW DELHI: Shares of . traded 1.56 per cent up in Tuesday's trade at 10:51AM (IST). Around 13,842 shares changed hands on the counter.The stock opened at Rs 3608.55 and touched an intraday high and low of Rs 3648.5 and Rs 3579.05, respectively, in the session so far. The stock of . quoted a 52-week high of Rs 3648.5 and a 52-week low of Rs 1865.7.
As per , the total market cap of the Ltd. stood at Rs 139494.08 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 same quarter a year ago.
Shareholding pattern
As of 31-Dec-2023, domestic institutional investors held 12.3 per cent stake in the firm, while foreign institutional investors held 18.7 per cent and the promoters 37.92 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 19.38 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
