Shares of InterGlobe Aviation, parent of IndiGo, tumbled 8.3% to Rs 4,927 on Monday, extending losses to the seventh straight trading session as concerns over the fallout of the mass flight cancellations by the airline operator dragged down sentiment.
Agencies
The 16% drop in the shares since November 27 has resulted in the company’s market capitalisation eroding by Rs 38,298 crore to Rs 1,90,455 crore on Monday. Here’s how analysts are assessing the impact of the ongoing fiasco at IndiGo.
Agencies
Agencies