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    Share price of InterGlobe falls as Sensex drops 931.44 points

    Synopsis

    Promoters held 38.17 per cent stake in the company as of 31-Mar-2022, while FII and DII ownership stood at 16.72 per cent and 4.58 per cent, respectively.

    market-getty-24Getty Images
    Shrikant Chouhan of Kotak Securities said Nifty50 topping the 15,800 mark was completely unexpected.
    The share price of InterGlobe Aviation Ltd. dropped 1.93 per cent to Rs 1809.55 at 10:41AM (IST) in Monday's trade. The stock has hit a high of Rs 1850.1 and low of Rs 1806.75 so far during the session. The stock had closed at Rs 1845.25 in the previous session.

    The counter has had a total traded volume of 12971 shares so far with a value of Rs 2.36 crore on the NSE. It traded at a price-to-earnings multiple of -17.2 and a price-to-book ratio of -12.94.

    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.

    The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.

    The scrip declined 15.41 per cent during the past one year, while the 30-share index slipped -3.13 per cent during the same period.

    InterGlobe Aviation Ltd. belongs to the Airlines industry.

    Promotor/FII Holding
    Promoters held 38.17 per cent stake in the company as of 31-Mar-2022, while overseas investors and domestic institutional investors ownership stood at 16.72 per cent and 4.58 per cent, respectively.

    Key Financials
    The firm reported consolidated net sales of Rs 13018.81 crore for the quarter ended 30-Jun-2022, up 58.62 per cent from the previous quarter's Rs 8207.46 crore and up 310.66 per cent from the year-ago quarter's Rs 3170.25 crore.

    Loss for the latest quarter stood at Rs 1064.26 crore, down 66.47 per cent from the same quarter a year ago.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

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