INDIGO

dives 3% to hit 5-month low amid flight cancellation concerns

IndiGo Share Price: Shares of InterGlobe Aviation, the parent of IndiGo, fell as much as 3.50 per cent in today's (December 4) trade on rising flight cancellation concerns. IndiGo shares opened in the red a Rs 5520 versus the previous close of Rs 5595.50 on NSE. The counter extended the opening loss as it made a low of Rs 5405, down 3.4 per cent. Around 11:30 AM, IndiGo shares quoted 1.30 per cent lower at Rs 5524 on NSE. As many as 16.89 shares of the Gurugram headquartered company changed hands around the same time. On the BSE, IndoGo shares traded at Rs 5522.50, down Rs 70 or 1.25 per cent with spurt in Volume by more than 2.80 times.