InterGlobe Aviation Ltd, the parent of , continued to face selling pressure this week as persistent operational disruptions dragged the stock down nearly 9 per cent. On Friday, shares slipped 3.16 per cent to an intraday low of Rs 5,266 before closing 1.22 per cent lower at Rs 5,371.30. The decline follows widespread cancellations linked to a major reboot of the airline’s operational systems. Advertisement

In his first public statement since the disruptions began, IndiGo CEO Pieter Elbers acknowledged the severity of the situation, confirming that more than 1,000 flights were cancelled on Friday alone -- over half of the airline's daily operations. He said stabilisation could take up to five days, with full normalcy expected by December 15.

Kranthi Bathini, Director of Equity Strategy a

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