Shares of InterGlobe Aviation, which runs the country’s largest airline IndiGo, hit a fresh 52-week high of Rs 2,247, up 1 per cent on the BSE in Thursday’s intra-day trade. In the past seven trading days, the stock has rallied 9 per cent after Go First filed for bankruptcy. The stock price of IndiGo was trading close to its record high level of Rs 2,379, touched on November 16, 2021.
In the past one month, the stock has outperformed the market by surging 20 per cent, as compared to 3 per cent rise in the S&P BSE Sensex.
On significant increase in volume of the company’s securities, IndiGo, last week, clarified that there is no such recent event/information etc.
