Shares of InterGlobe Aviation Limited dropped nearly 9 per cent on Thursday amid reports of rift between promoters of IndiGo.
The scrip tumbled 8.82 per cent to close at Rs 1,466.60 on the BSE. During the day, it tanked 9.82 per cent to Rs 1,450.50. At the NSE, shares plummeted 8.40 per cent to close at Rs 1,475.
Following the plunge in the scrip, the company’s market valuation dropped by Rs 5,455.89 crore to Rs 56,377.11 crore on the BSE.
In terms of traded volume, 3.70 lakh shares were traded on the BSE and over 70 lakh shares on the NSE during the day.
