IndiGo hits 52-week high on robust Q4 result
New Delhi: Shares of InterGlobe Aviation, the operator of IndiGo touched 52-week high on Tuesday rising almost 3% after the company reported a five-fold quarterly rise in the fourth quarter result on Monday.
Net profit of the company rose to ₹589.59 crore in the quarter ended 31 March from ₹117.64 crore a year earlier. The full-year profit, however, fell 93%, the steepest since the company started trading publicly in 2015.
Shares of IndiGo touched 52-week high on Tuesday soaring 3.18% to ₹1,716 on both National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) against the previous close level of ₹1,663 on the BSE. The stock was trading at ₹1,669.85 up 0.41% on BSE at 2 pm while on NSE shares were up 0.23% at ₹1,666 at the same time.
