Nearly 6 per cent stake in IndiGo-parent was sold in a block deal in Thursday's session with Rakesh Gangwal likely seeking a near complete exit. Over 2.35 crore shares of the airline operator changed hands at a floor price of Rs 4,760 apiece, valuing the deal at more than Rs 11,100 crore as per BSE.
On the BSE, the airline stock tanked 11.91 per cent to close at Rs 1,467.90 apiece. During the day, it plummeted 12.83 per cent to Rs 1,452.50 apiece. On the NSE, the scrip tumbled 11.73 per cent to settle at Rs 1,469.50 apiece.
After market hours on Thursday, the company posted a net loss of Rs 1,062 crore for the September quarter, mainly on account of higher costs related to operating lease liabilities.
Greater Noida: No-frills carrier IndiGo, which has a uniform fleet of Airbus A-320s, today said it has not yet firmed up plans to buy small planes which would help widen its domestic and regional operations."There
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