Shares of Indigo airline operator InterGlobe Aviation hit a record on Wednesday, trading 5 per cent higher at Rs 3,801 apiece in afternoon trading. This marked the fourth consecutive day of gains for the company’s shares.
The increase in share value made InterGlobe world’s third-largest airline by market capitalisation. According to a report in Moneycontrol, InterGlobe Aviation saw its stock surge by 22 per cent in the past month, reaching a total market value of over Rs 1,46,000 crore ($17.5 billion).
