Brief by Shorts91 Newsdesk / 05:21pm on 10 Apr 2024,Wednesday Business
IndiGo, India's leading budget carrier, saw its shares soar to a record high, closing at Rs 3,806.85 apiece on Wednesday. With a 22% jump in the last month, the airline's market capitalization surpassed Rs 1,46,000 crore ($17.5 billion), making it the world's third-largest airline by market cap. InterGlobe Aviation, the operator of IndiGo, witnessed a remarkable rise, with shares almost doubling in the past year. The surge reflects investor confidence in the airline's performance and growth prospects, marking a significant milestone in the aviation industry.
