Trending stocks: Indigo shares up 4.73% as Nifty drops

NEW DELHI: Shares of InterGlobe Aviation Ltd. traded 4.73 per cent up in Tuesday's trade at 05:53PM (IST). Around 317,276 shares changed hands on the counter.

The stock opened at Rs 944.0 and touched an intraday high and low of Rs 1025.0 and Rs 944.0, respectively, in the session so far. Shares of the company quoted a 52-week high of Rs 1911.0 and a 52-week low of Rs 765.05.

Market cap of the company stood at Rs 38743.21 crore at around the same time on May 12


Key Financials
The company reported consolidated net sales of Rs 9931.69 crore for the quarter ended 31-Dec-2019, up 22.53 per cent from previous quarter's Rs 8105.19 crore and up 25.46 per cent from the year-ago quarter's Rs 7916.22 crore.

The net profit for the latest quarter stood at Rs 495.972 crore, up 167.85 per cent from the same quarter a year ago.

Shareholding pattern
As of 31-Mar-2020, DIIs held 7.91 per cent stake in the firm, while foreign institutional investors held 13.59 per cent and the promoters 38.22 per cent.


Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 31.42 and a price-to-book ratio of 5.57. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

InterGlobe Aviation Ltd. belongs to the Airlines industry.