IndiGo Co-Founder Rakesh Gangwal Sells 5.8% Stake Worth Rs 11,928 Crore
Interglobe Aviation, the operator of IndiGo Airlines, saw its shares slip nearly 3% on Tuesday after co-founder Rakesh Gangwal sold shares.
IndiGo Shares Dip Over Block Deal Involving Major Stake Sale
IndiGo shares fell slightly in early trading after a block deal of 2.3 Cr InterGlobe Aviation shares for Rs 11,000 Cr at Rs 4,760 per share.
IndiGo Becomes India’s First Airline to Cross Rs 1-trillion M-cap Mark
The market capitalization of InterGlobe Aviation, IndiGo’s parent, topped the Rs. 1-trillion mark on Wednesday with its shares surging 29 per cent so far this year to record highs.
