IndiGo shares fall 5% amid buzz over stake sale by Gangwal family
The Gangwal family led by Rakesh Gangwal looks to sell 4% stake in IndiGo at a floor price of ₹2,400 per share, a discount of 5.8% to Monday’s closing price.
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IndiGo shares skid 5% despite record profit in Q1; here’s why
The aviation heavyweight has been witnessing profit booking after hitting its all-time high levels of ₹2,745.95 on July 13, 2023.
IndiGo shares rise amid report of 500 jet order to Airbus
The airline is in talks with Airbus to lease 500 narrow-body A320 jets, which is expected to eclipse Air India's provisional purchase of 470 aircraft in February this year.
IndiGo shares dip as Q4 profit misses estimates
IndiGo’s profit was ₹919.2 crore in Q4 vs ₹1,681.8 crore loss in the same period last year. Revenue surged 76.5% YoY to ₹14,160.6 crore
IndiGo stock falls 4% amid block deal report
The stock was trading at ₹1,901 apiece on the National Stock Exchange (NSE) at 12:50 pm.
IndiGo share skids 4% amid report of stake sale by Gangwal family
Rakesh Gangwal and his family plan to raise ₹2,000 crore by selling 2.8% stake in InterGlobe Aviation through a block deal today
