Share price of InterGlobe Aviation Ltd. falls as Sensex drops 488.03 points
Share price of InterGlobe Aviation NSE -2.03 % Ltd. dropped 5.32 per cent to Rs 1563.05 at 02:10PM (IST) in Monday’s trade. The scrip hit a high of Rs 1650.8 and low of Rs 1555.35 so far during the session. The stock had closed at Rs 1650.85 in the previous session.
The counter had a total traded volume of 02:10PM shares so far with a turnover of Rs 10.88 crore on BSE. The stock traded at a price-to-earnings multiple of -13.56 and a price-to-book ratio of 7.0.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
