Interglobe Aviation Ltd (NSE: INDIGO): Based on information gathered from sources, promoters can sell their shares to Interglobe Aviation Limited(NSE: INDIGO).
The day before, shares of the company traded for Rs 3105 in the range of 1.17 percent. Sources say that promoters can sell 3.3% stake through a block deal.
Promoter Rakesh Gangwal can sell the stake. Sources say that this block deal can be done at a discount.
It closed at Rs 3100 at 6% discount on Thursday. Sources say that this block deal can be done for Rs 2925. The size of this block deal can be Rs 3,730 crore.
Block deals are deals in which more than 5 lakh shares or shares of more than 5 crores are traded at the same time.
Block deals are executed on the market only at a specific time, and the price range can be fixed.
The block deal is deemed to be complete after the block deal is fully complete.
About Interglobe Aviation Ltd
InterGlobe Aviation Limited (IndiGo) is an Indian company. The company is engaged in aviation operations.
IndiGo is involved in air transport and post-flight and pre-flight ground handling, which includes cargo and passenger services & other services,
like on-flight sales, ground handling, and other services for airports. IndiGo offers scheduled and charter flights, catering to passengers and cargo.
IndiGo operates an aircraft fleet of around 316 aircraft and provides scheduled services to 78 of its domestic as well as 22 destinations in the world.
The subsidiary of IndiGo, Agile Airport Services Private Limited is in the provision of ground handling as well as another service to IndiGo at numerous airports across India.
Fundamental Analysis of Interglobe Aviation Ltd
| Market Cap | ₹ 1,19,873 Cr. |
| Current Price | ₹ 3,100 |
| 52-wk High | ₹ 3,301 |
| 52-wk Low | ₹ 1,810 |
| Stock P/E | 16.7 |
| Book Value | ₹ -77.5 |
| Dividend | 0.00 % |
| ROCE | 6.90 % |
| ROE | – |
| Face Value | ₹ 10.0 |
| P/B Value | – |
| OPM | 23.1 % |
| EPS | ₹ 186 |
| Debt | ₹ 49,392 Cr. |
| Debt to Equity | – |
Interglobe Aviation (IndiGo) Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹3200 | ₹3421 |
| 2025 | ₹3543 | ₹3765 |
| 2026 | ₹3854 | ₹3900 |
| 2027 | ₹4000 | ₹4231 |
| 2028 | ₹4278 | ₹4357 |
| 2029 | ₹4435 | ₹4654 |
| 2030 | ₹4765 | ₹4890 |
Interglobe Aviation Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 71.92% |
| Mar 2023 | 67.86% |
| June 2023 | 67.77% |
| Sept 2023 | 63.25% |
| Dec 2023 | 63.12% |
| FII Holding | |
| Dec 2022 | 17.77% |
| Mar 2023 | 19.43% |
| June 2023 | 19.76% |
| Sept 2023 | 20.29% |
| Dec 2023 | 18.70% |
| DII Holding | |
| Dec 2022 | 8.24% |
| Mar 2023 | 10.43% |
| June 2023 | 10.37% |
| Sept 2023 | 13.25% |
| Dec 2023 | 14.65% |
| Govt. Holding | |
| Dec 2022 | 0.07% |
| Mar 2023 | 0.07% |
| June 2023 | 0.07% |
| Sept 2023 | 0.07% |
| Dec 2023 | 0.07% |
| Public Holding | |
| Dec 2022 | 1.98% |
| Mar 2023 | 2.19% |
| June 2023 | 2.02% |
| Sept 2023 | 3.16% |
| Dec 2023 | 3.45% |
Interglobe Aviation Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹28,497 Cr |
| 2020 | ₹35,756 Cr |
| 2021 | ₹14,641 Cr |
| 2022 | ₹25,931 Cr |
| 2023 | ₹65,240 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹156 Cr |
| 2020 | ₹-248 Cr |
| 2021 | ₹-5,830 Cr |
| 2022 | ₹-6,171 Cr |
| 2023 | ₹7,190 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.32 |
| 2020 | 0.06 |
| 2021 | 23.87 |
| 2022 | -0.65 |
| 2023 | -0.36 |
Last 10 Years’ Profit Growth:
| 10 Years: | — |
| 5 Years: | — |
| 3 Years: | 4% |
| Current Year: | 347% |
Sales Growth Over 10 Years:
| 10 Years: | 19% |
| 5 Years: | 19% |
| 3 Years: | 15% |
| Current Year: | 35% |
Conclusion
This article is a complete guide about Interglobe Aviation Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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