InterGlobe Aviation Ltd (IndiGo) saw its shares falling 7 per cent in Monday's trade, taking its losing run to the seventh trading session, as IndiGo reportedly cancelled more than 650 flights on Sunday, even as the disrupted operations were slowly stabilising.

The scrip, declined 6.63 per cent to hit a low of Rs 5,015 crore and is down 15.27 per cent in seven sessions. Advertisement

The stock though recovered some ground and was later trading 3.71 per cent lower at Rs 5,172.10 apiece. IndiGo said it operated over 1,650 flights on Sunday, up from 1,500 on Saturday. IndiGo said its on-time performance improved to 75 per cent from 30 per cent a day earlier, adding that refund and luggage processing were running at full scale for both direct and indirect bookings.

Among brokerages, UBS ha

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