Company Profile

INTERGLOBE AVIATION LTD.

NSE : INDIGOBSE : 539448ISIN CODE : INE646L01027Industry : AirlinesHouse : Interglobe
BSE1039.3549.25 (+4.97 % )
PREV CLOSE (Rs.) 990.10
OPEN PRICE (Rs.) 1010.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 65245
TODAY'S LOW / HIGH (Rs.)981.35 1068.20
52 WK LOW / HIGH (Rs.)765.05 1911
NSE1041.95 51.8 (+5.23 % )
PREV CLOSE(Rs.) 990.15
OPEN PRICE (Rs.) 995.00
BID PRICE (QTY) 1041.95 (27 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 1723325
TODAY'S LOW / HIGH(Rs.) 981.00 1070.00
52 WK LOW / HIGH (Rs.)771.3 1898.85

Company News

Date Heading Details
26-Mar-2020 IndiGo offers govt its aircraft, crew to transport medicine, equipment across India <p align="justify">In an endeavour to support the government, InterGlobe Aviation (IndiGo) has offered its resources, aircraft and crew to assist the nation in the worldwide battle against coronavirus. The airline has expressed support to contribute in the ferry supply of medicine, equipment, and relief samples from one part of the country to another. The airline has aircraft and crews covering major cities across India and are willing to fly in the service of the nation.&nbsp;&nbsp; </p><p align="justify">InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.<br></p>
26-Mar-2020 IndiGo flies high on offering govt its aircraft, crew to transport medicine, equipment across India <div align="justify">Interglobe Aviation is currently trading at Rs. 1018.35, up by 6.95 points or 0.69% from its previous closing of Rs. 1011.40 on the BSE.<br></div><div align="justify"><br></div><div align="justify">The scrip opened at Rs. 1010.00 and has touched a high and low of Rs. 1046.45 and Rs. 967.00 respectively. So far 28144 shares were traded on the counter.<br><br></div><div align="justify">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1911.00 on 23-Sep-2019 and a 52 week low of Rs. 765.05 on 24-Mar-2020.<br><br></div><div align="justify">Last one week high and low of the scrip stood at Rs. 1056.95 and Rs. 765.05 respectively. The current market cap of the company is Rs. 39020.27 crore.<br><br></div><div align="justify">The promoters holding in the company stood at 74.86%, while Institutions and Non-Institutions held 20.99% and 4.15% respectively.</div><div align="justify"><br></div><div align="justify">In an endeavour to support the government, InterGlobe Aviation (IndiGo) has offered its resources, aircraft and crew to assist the nation in the worldwide battle against coronavirus. The airline has expressed support to contribute in the ferry supply of medicine, equipment, and relief samples from one part of the country to another. The airline has aircraft and crews covering major cities across India and are willing to fly in the service of the nation.&nbsp;&nbsp; <br><br></div><div align="justify">InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.</div><div align="justify"><br></div>
26-Mar-2020 NTPC, REC and Zensar Technologies to see some action today <p align="justify"><strong>NTPC</strong> has added the 2nd Unit of 660 MW of Khargone Super Thermal Power Project to installed capacity. With this, the total installed capacity of Khargone Super Thermal Power Project, NTPC and NTPC group has become 1320 MW, 50355 MW and 58816 MW respectively.</p><p align="justify"><strong>REC's</strong> board approved upward revision in Market Borrowing Programme for FY 2019-20 from Rs 90,000 crore to Rs 94,000 crore (i.e. increase of Rs. 4,000 crore in raising funds through Domestic Bonds/Debentures, Rupee Term Loan, ECBs and Capital Gain Tax Exemption Bonds, to be raised during the balance period of the current financial year i.e. FY 2019-20) and also approved a Rs 1.10 lakh crore market borrowing by the company during the next financial year 2020-21. </p><p align="justify"><strong>Zensar Technologies</strong> has been promoted to a PartnerConnect Consulting Advantage partner. The PartnerConnect Consulting partner program includes three relationship tiers: Select, Advantage, and Global Premier. The tiers are designed to recognize partners based on achievements and contributions such as insurance industry expertise, the number of Guidewire certified employees and, as of 2019, the achievement of specializations for Consulting partners. </p><p align="justify"><strong>Kabra Extrusiontechnik</strong> has commenced commercial production at its new manufacturing unit at Chakan, Pune and launched a new product in India under the Brand Name ‘Battrixx'. The name of the product is Lithium-ion Battery Packs with Battery Management System.&nbsp;&nbsp;&nbsp;&nbsp; </p><p align="justify">To help people and businesses affected by coronavirus outbreak, <strong>Indian Bank</strong> and Union Bank of India have launched special emergency loan products like personal loans and soft loan for members of Self Help Groups. Besides, the bank has taken steps to ensure the safety of its staff and uninterrupted banking services to customers. </p><p align="justify">In an endeavour to support the Government of India, <strong>InterGlobe Aviation</strong> (IndiGo) has offered its resources, aircraft and crew to assist the nation in the worldwide battle against coronavirus. The airline has expressed support to contribute in the ferry supply of medicine, equipment, and relief samples from one part of the country to another.&nbsp;&nbsp; </p><p align="justify"><strong>Linde India</strong> has received an approval from the Board to enter into a joint venture (JV) with Praxair India, with both Linde India and Praxair India holding 50% of the total issued and paid up share capital of the Joint Venture Company&nbsp; which will provide Operation and Management (O&amp;M) Services to both Linde India and Praxair India.</p><p align="justify"><br></p>
21-Mar-2020 IndiGo reduces domestic flights to match market demand over next few weeks <p align="justify">InterGlobe Aviation (IndiGo) has reduced its domestic schedule to match market demand over the next few weeks. In line with the Janata Curfew on March 22, 2020, the airline will be operating approximately 60% of its normal domestic schedule, in order to accommodate those with urgent travel requirements on that day.</p><p align="justify">Going forward, responding to the various travel restrictions imposed worldwide, most of international flights are suspended and additionally, given the reduction in domestic demand,&nbsp; the airline are trimming domestic India operations by approximately 25% for now. In this fluid situation, IndiGo will continually review operations to match capacity to demand.</p><p align="justify">InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.</p>
21-Mar-2020 Interglobe Aviation informs about media release <div align="justify">Interglobe Aviation has informed about media release.<br></div><div align="justify"><br></div><div align="justify">The above information is a part of company's filings submitted to BSE.<br></div>
20-Mar-2020 IndiGo suspends flights between Chandigarh to Dubai till March 30 amid Covid-19 outbreak <div align="justify">InterGlobe Aviation (IndiGo) has suspended its flights between Chandigarh to Dubai till March 30, 2020 in view of coronavirus outbreak. The airline has also&nbsp;grounded about 16 planes out of its total fleet of 260 aircraft and is asked the employees to take 10 to 20 per cent salary cuts as it grapples with the impact of coronavirus on domestic and international flights.<br><br>InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.<br><br></div>
20-Mar-2020 Alankit, Goa Carbon and Sobha to see some action today <p align="justify"><strong>Alankit's</strong> board has approved making investment by way of acquiring 100% stake in Alankit Imaginations ('Group Company') i.e. 14,00,000 Equity Shares of face value of Rs 10 each at a price of Rs 47.30 including premium of Rs 37.30 per share making it wholly owned subsidiary totaling investment of Rs 6.62 crore, subject to necessary approvals, if any.<p align="justify"><strong>Goa Carbon</strong> has resumed the operations at its Paradeep Unit located in Odisha. After preliminary heat up and commencement of feeding of raw material, normal production is likely to resume from March 20, 2020.<p align="justify"><strong>Sobha's</strong> board has approved the issue of Secured Redeemable Non-Convertible Debentures up to an amount of Rs 270 crore by way of private placement. The Board of Directors of company at their meeting held on March 19, 2020 has approved the same. <p align="justify"><strong>DLF</strong> has unveiled state-of-the-art Club Ultima at New Gurugram. It is designed by the world-renowned Bilkey Llinas Designs, a company specializing in the design of high-end hospitality and leisure projects worldwide. The project located in DLF's flagship luxury project, The Ultima in sector 81 has the merit of being the largest and most well-appointed clubhouse of its kind in the region. <p align="justify"><strong>ICICI Lombard General Insurance Company</strong> has rolled out a focused 'COVID-19 Protection Cover'. The policy has been launched in group insurance mode. Amid the contagious pandemic, this policy on diagnosis of COVID-19 (+ve) will pay 100% of the sum insured irrespective of hospitalization expenses. The new product is a step forward in ICICI Lombard's endeavor in introducing industry-first initiatives for its customers in line with its ethos of ‘Nibhaaye Vaade' (Keeping Promises).<p align="justify"><strong>Syngene International</strong> has commenced operations at its newly setup manufacturing facility situated at Mangalore SEZ Unit - I, Kalavar Village, Post Mangaluru Taluk, Dakshina Kannada District, Karnataka. The company has successfully processed the first order upon receipt of all statutory licences and clearances from relevant authorities.<p align="justify"><strong>InterGlobe Aviation</strong> (IndiGo) has reported the Passenger Load Factor (PLF) of 88.3% during the month of February 2020. The company had reported PLF of 87.8% during the month of January 2020.</p>
20-Mar-2020 IndiGo falls after suspending flights between Chandigarh to Dubai till March 30 amid Covid-19 outbreak <p align="justify">Interglobe Aviation is currently trading at Rs. 877.65, down by 31.20 points or 3.43% from its previous closing of Rs. 908.85 on the BSE.<br></p><p align="justify">The scrip opened at Rs. 860.00 and has touched a high and low of Rs. 955.65 and Rs. 836.00 respectively. So far 108937 shares were traded on the counter.<br></p><p align="justify">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1911.00 on 23-Sep-2019 and a 52 week low of Rs. 836.00 on 20-Mar-2020.<br></p><p align="justify">Last one week high and low of the scrip stood at Rs. 1005.65 and Rs. 836.00 respectively. The current market cap of the company is Rs. 32603.79 crore.<br></p><p align="justify">The promoters holding in the company stood at 74.86%, while Institutions and Non-Institutions held 20.99% and 4.15% respectively.<br></p><p align="justify">InterGlobe Aviation (IndiGo) has suspended its flights between Chandigarh to Dubai till March 30, 2020 in view of coronavirus outbreak. The airline has also grounded about 16 planes out of its total fleet of 260 aircraft and is asked the employees to take 10 to 20 per cent salary cuts as it grapples with the impact of coronavirus on domestic and international flights.</p><p align="justify">InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.<br></p>
19-Mar-2020 IndiGo to cut salary of senior employees <p align="justify">InterGlobe Aviation (IndiGo) is going to cut salary of its senior employees amid the novel coronavirus pandemic that has hit the aviation industry hard. The company's CEO is personally taking a 25% pay cut, SVPs (senior vice presidents) and above are taking 20%, VPs (vice presidents) and cockpit crew are taking a 15% pay cut, AVPs (assistant vice presidents), Bands D along with cabin crew will take 10% and Band Cs 5%.<br></p><p align="justify">InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.<br></p>
19-Mar-2020 InterGlobe Aviation reports passenger load factor of 88.3% in February <p align="justify">InterGlobe Aviation (IndiGo) has reported the Passenger Load Factor (PLF) of 88.3% during the month of February 2020. The company had reported PLF of 87.8% during the month of January 2020.<br></p><p align="justify">The PLF is a key indicator of the company's performance, as it measures the average percentage of seats filled on airline's aircraft fleet.<br></p><p align="justify">InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.<br></p>