India Markets open in 6 hrs 22 mins

InterGlobe Aviation Limited (INDIGO.NS)

NSE - NSE Real Time Price. Currency in INR
Add to watchlist
1,238.00+40.70 (+3.40%)
At close: 3:29PM IST
Full screen
Previous close1,197.30
Open1,217.95
Bid0.00 x 0
Ask0.00 x 0
Day's range1,196.55 - 1,251.00
52-week range771.30 - 1,898.85
Volume1,339,126
Avg. volume2,772,656
Market cap476.377B
Beta (5Y monthly)0.38
PE ratio (TTM)N/A
EPS (TTM)-111.19
Earnings date12-Oct-2020 - 16-Oct-2020
Forward dividend & yield5.00 (0.44%)
Ex-dividend date19-Aug-2019
1y target est973.44
  • India's top airline IndiGo to raise at least $268 million via leaseback
    Reuters

    India's top airline IndiGo to raise at least $268 million via leaseback

    IndiGo, India's largest airline, said on Wednesday it planned to raise at least 20 billion rupees ($268 million) through the sale and leaseback of planes and other assets, after reporting its steepest quarterly loss in at least five years. Chief Financial Officer Aditya Pande said the airline, owned by Interglobe Aviation Ltd, would consider raising even more than 20 billion rupees and the board would meet on Thursday to discuss this. "Managing cash continues to remain our primary focus and we continue to work with all our stakeholders to raise liquidity," Pande told analysts on a call, adding it was in advanced talks on selling and leasing back some of its unencumbered assets.

  • IndiGo to cut costs, phase out older planes to tackle coronavirus
    Reuters

    IndiGo to cut costs, phase out older planes to tackle coronavirus

    IndiGo, India's biggest airline, plans to cut up to 40 billion rupees ($533 million) in costs and speed up the return of older planes to leasing companies as it grapples with the fallout from the coronavirus pandemic. IndiGo has around 120 older A320ceo planes that cost more to maintain and plans to return them to leasing firms over the next two years, depending on demand, CEO Ronojoy Dutta said, adding domestic travel was likely to return sooner than international. "In times like these, we must shift our focus from profitability and growth to managing cash and liquidity," Dutta said, after parent Interglobe Aviation reported a swing to a quarterly net loss.

  • IndiGo cuts capacity growth forecast for second straight quarter
    Reuters

    IndiGo cuts capacity growth forecast for second straight quarter

    BENGALURU/NEW DELHI (Reuters) - IndiGo, India's biggest airline, cut its estimates for capacity growth for a second straight quarter on Monday, to rein in maintenance costs and improve aircraft utilisation amid a spate of groundings. IndiGo has been forced to ground several of its Airbus A320neo planes fitted with Pratt & Whitey engines, which have been linked to in-flight engine shutdowns. Low aircraft utilisation and delivery delays from Airbus were the driving factors behind the cut, Chief Executive Officer Ronojoy Dutta told analysts during a post-earnings call, adding that IndiGo aimed to raise utilisation to about 13 hours a day from the current 12.2 hours.