IndiGo surges on launching 28 new flights

Interglobe Aviation is currently trading at Rs. 2154.70, up by 33.10 points or 1.56% from its previous closing of Rs. 2121.60 on the BSE.

interglobe aviation rises on the bourses e1625551426723
Interglobe Aviation

The scrip opened at Rs. 2135.95 and has touched a high and low of Rs. 2164.85 and Rs. 2125.30 respectively. So far 7531 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 2282.25 on 10-Feb-2022 and a 52 week low of Rs. 1513.30 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 2164.85 and Rs. 2071.50 respectively. The current market cap of the company is Rs. 83131.49 crore.

The promoters holding in the company stood at 71.92%, while Institutions and Non-Institutions held 26.09% and 1.98% respectively.

InterGlobe Aviation (IndiGo) has launched 28 new flights. This will include 16 Republic Day special flights which will operate between January 19 and January 26, 2023. The airline has also added 12 new flights and additional frequencies to its winter schedule, with effect from February 01, 2023.

The additional flights will be introduced between regional destinations like Bengaluru-Ahmedabad, Chennai-Ahmedabad, Bengaluru-North Goa, Mumbai-Rajkot, Raipur-Mumbai, Kolkata-Guwahati, Guwahati-Agartala and Port Blair-Chennai.

In addition to these, IndiGo will also launch a new flight between Chandigarh and North Goa and additional frequencies on the Kolkata-Bengaluru and Bengaluru-Cochin routes.

The airline will resume operations on the Hyderabad – Chandigarh and Hyderabad – Srinagar sectors. These flights are being introduced to cater to the increasing demand and enhance air connectivity.

The addition of these new flights will enhance accessibility and provide more options to people travelling between the states from different regions. Increased accessibility between Guwahati (Assam) and Agartala (Tripura) will attract more tourists through scheduled commercial flights which will boost economy of the north-eastern states.

Over the last few years, IndiGo has focused on increasing accessibility in the northeast and now connects seven out of eight states in the region.

InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.

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