IndiGo's share fall more than 7% in 4 days. (Source: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Shares of InterGlobe Aviation, the parent of IndiGo, dropped over 7% in the past four days ever since a crisis engulfed the airline, where it cancelled a large number of flights, leaving thousands of passengers stranded for several hours.
In the past four trading days, the stock has lost 7.23% on the BSE. On Friday, the stock declined 1.22% to settle at Rs 5,371.30 apiece. During the day, it dropped 3.15% to Rs 5,266.
On the NSE, shares of the firm ended 1.27% lower at Rs 5,367.50 each. In the last four days, the stock has declined by 7.30%.
The company's market valuation has eroded by Rs 16,190.64 crore to reach Rs 2,07,649.14 crore since Dec. 1.
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