Share price of InterGlobe  rises  as Nifty  strengthens

A total of 8,767 shares changed hands on the counter till 10:40AM (IST).

Shares of . gained 1.65 per cent to Rs 3163.7 in Thursday's trade as of 10:40AM (IST).

The stock hit a high price of Rs 3171.0 and low of Rs 3082.0 during the session.

The return on equity (ROE) for the stock stood at 0.0 per cent. Traded volume on the counter stood at 10:40AM shares and turnover at Rs 2.75 crore around that time.

The stock of . quoted a 52-week high and 52-week low prices of Rs 3318.4 and Rs 1810.45, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.88.

Promotor/FII Holding
Promoters held 63.13 per cent stake in the company as of 31-Dec-2023, while FIIs held 18.7 per cent and domestic institutional investors had 14.65 per cent.

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.

Net profit after tax for the latest quarter stood at Rs 2998.12 crore, up 110.75 per cent from the same quarter a year ago.

Source: Stocks-Markets-Economic Times

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