InterGlobe shares fall 0.8 per cent in Thursday's trading session

Shares of InterGlobe Aviation Ltd. fell 0.8 per cent to Rs 4192.5 in Thursday's trade as of 01:13PM (IST) even as the benchmark Nifty ruled at 23564.6, up 48.6 points.

The scrip had closed at Rs 4226.7 in the previous session. The stock quoted a 52-week low of Rs 2334.95 and a high of Rs 4610.0. The company quoted a market-cap of Rs 163461.97 crore on the BSE.

On BSE, 10,517 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 20.0 times its trailing 12-month EPS of Rs 211.73 per share and 68.53 times its book value. The return on equity (ROE) stood at Rs 409.35.


Key Financials
For the quarter ended 31-Mar-2024, InterGlobe Aviation Ltd. reported consolidated sales of Rs 18505.1 crore, down 26.75 per cent from the same quarter a year ago. The company reported 106.14 per cent YoY growth in net profit at Rs 1894.82 crore for the latest quarter.

Technical indicators
The relative strength index (RSI) of the stock stood at Thursday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.

Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.