{"id":639796,"date":"2024-03-27T10:02:57","date_gmt":"2024-03-27T04:32:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=639796"},"modified":"2024-03-27T10:31:38","modified_gmt":"2024-03-27T05:01:38","slug":"indigo-rallies-4-to-hit-fresh-high-stock-zooms-79-thus-far-in-fy24","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-rallies-4-to-hit-fresh-high-stock-zooms-79-thus-far-in-fy24\/","title":{"rendered":"IndiGo rallies 4% to hit fresh high, stock zooms 79% thus far in FY24"},"content":{"rendered":"<p>Shares of InterGlobe Aviation, which operates India\u2019s biggest airline IndiGo, rallied 4 per cent on BSE to hit a new high of Rs 3,430 in Tuesday\u2019s weak intra-day trade on strong growth prospects. <\/p>\n<p>The stock surpassed its previous high of Rs 3,339 touched on March 19. In comparison, the S&amp;P BSE Sensex was down 0.4 per cent at 72,559 at 12:18 pm. <\/p>\n<p>On March 11, company&#8217;s co-founder Rakesh Gangwal divested a 5.83 per cent stake in Indigo through bulk deals to mop up Rs 6,786 crore. <\/p>\n<p>He sold 22.5 million shares at Rs 3,016 a piece, data from the exchanges showed. Morgan Stanley Asia picked up 2.1 million shares worth Rs 633 crore. The names of the other buyers were not known.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of InterGlobe Aviation, which operates India\u2019s biggest airline IndiGo, rallied 4 per cent on BSE to hit a new high of Rs 3,430 in Tuesday\u2019s weak intra-day trade on strong growth prospects. The stock surpassed its previous high of Rs 3,339 touched on March 19. In comparison, the S&amp;P BSE Sensex was down 0.4 per cent at 72,559 at 12:18 pm. On March 11, company&#8217;s co-founder Rakesh Gangwal divested a 5.83 per cent stake in Indigo through bulk deals to mop up Rs 6,786 crore. He sold 22.5 million shares at Rs 3,016 a piece, data from the exchanges [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-639796","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/639796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=639796"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/639796\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=639796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=639796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=639796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}