InterGlobe Aviation Limited

INDIGO

INE646L01027

Airlines

Market Closed - NSE India S.E. Other stock markets 07:43:47 2024-04-26 am EDT			5-day change	1st Jan Change
3,935 ^INR	+3.22%		+10.54%	+32.63%

Apr. 25	IndiGo Orders 30 Airbus A350-900 Aircraft in Push for International Expansion	DJ
Apr. 25	India's IndiGo places order for 30 Airbus widebody aircraft	RE

India's IndiGo's co-founder Gangwal sells 5.8% stake in airline via bulk deals

March 11, 2024 at 09:15 am EDT

BENGALURU (Reuters) - Rakesh Gangwal, co-founder of Indian carrier IndiGo, has sold a 5.8% stake in operator Interglobe Aviation via bulk deals on Monday, stock exchange data showed.

Morgan Stanley bought 2.1 million shares in Indigo at 3,015.10 rupees.

(Reporting by Navamya Ganesh Acharya in Bengaluru; Editing by Sonia Cheema)

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
INTERGLOBE AVIATION LIMITED	3,935 INR	+3.22%	+10.54%	18.21B
TOPIX INDEX	2,686 PTS	+0.86%	+0.34%	-
MORGAN STANLEY	92.83 USD	+0.29%	+2.39%	151B

Latest news about InterGlobe Aviation Limited

IndiGo Orders 30 Airbus A350-900 Aircraft in Push for International Expansion	Apr. 25	DJ
India's IndiGo places order for 30 Airbus widebody aircraft	Apr. 25	RE
InterGlobe Aviation Limited Receives an Order from the Office of the Principal Commissioner of Customs	Apr. 02	CI
Indian aviation watchdog defers new rules on pilots' rest, duty times	Mar. 27	RE
Jefferies Upgrades InterGlobe Aviation to Hold From Underperform, Adjusts Price Target to INR3,435 From INR2,500	Mar. 26	MT
India's aviation watchdog fines Air India for violating flight duty time limitations	Mar. 22	RE
Interglobe Aviation Co-Founder Sells 5.8% Stake in Airline Through Bulk Deals	Mar. 12	MT
India's IndiGo's co-founder Gangwal sells 5.8% stake in airline via bulk deals	Mar. 11	RE
IndiGo Co-Founder Rakesh Gangwal Reportedly Plans INR 37.3 Billion Stake Divestment in Interglobe Aviation	Mar. 07	CI
BOC Aviation Units Buy Planes for Leaseback to JetBlue, IndiGo	Feb. 14	MT
Jefferies Adjusts InterGlobe Aviation's Price Target to INR2,500 From INR2,165, Keeps at Underperform	Feb. 05	MT
Interglobe Aviation Posts Gains in Fiscal Q3 Consolidated Net Profit	Feb. 05	MT
Indian shares set to open little changed	Feb. 04	RE
InterGlobe Aviation Names Chief Compliance Officer	Feb. 02	MT
Transcript : InterGlobe Aviation Limited, Q3 2024 Earnings Call, Feb 02, 2024	Feb. 02
Indian carrier IndiGo's Q3 profit more than doubles	Feb. 02	RE
Interglobe Aviation Limited Announces Executive Changes	Feb. 02	CI
InterGlobe Aviation Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Feb. 02	CI
Indian shares set to open higher tracking Asian peers	Feb. 01	RE
Airlines, planemakers set to unveil new orders at Indian aviation event	Jan. 17	RE
India raises rest period for flight crew among measures to avoid fatigue	Jan. 08	RE
India's Akasa Air nears order for 150 Boeing jets - sources	Jan. 02	RE
INDIA STOCKS-India's Nifty 50, Sensex off to a muted start in 2024 as financials, IT weigh	Dec. 31	RE
Interglobe Aviation Limited Appoints Neerja Sharma as Senior Vice President - Regulatory Compliance	Dec. 07	CI
India's Go First lenders to vote on liquidation amid lack of suitors -sources	Nov. 23	RE

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InterGlobe Aviation Limited (IndiGo) is an India-based company that is engaged in the airline business. IndiGo is engaged in air transportation and pre-flight and post flight ground handling operations, which includes passenger and cargo services and providing related allied services, such as in-flight sales, business of ground handling and other allied services at the airports. IndiGo provides scheduled and charter air services, for both passengers and cargo. IndiGo has a fleet of approximately 316 aircraft and provided scheduled services to 78 domestic and 22 international destinations. IndiGo's subsidiary, Agile Airport Services Private Limited, is engaged in the business of providing ground handling and other allied services to IndiGo at various airports in India.

Sector

Airlines

Calendar

2024-04-30 - Business Update Call

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NIFTY 100

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C+

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BUY

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3,935 INR

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3,823 INR

Spread / Average Target

-2.87%

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InterGlobe Aviation Limited

Equities

INDIGO

INE646L01027

Airlines

India's IndiGo's co-founder Gangwal sells 5.8% stake in airline via bulk deals

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Sector Other Airlines