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IndiGo becomes world's 3rd most valued airline on better performance
April 11, 2024
|The Morning Standard
IndiGo has become the world's third most valuable airline (in terms of market cap) as its shares surge on the back of record quarterly profits, gain in market share, improvement in yields and optimism around capacity addition.
Share prices rose 4.73% on Wednesday to settle at ₹3,807. In the past one year, the stock has rallied over 100% and its m-cap has grown to ₹1,46,539 crore ($17.605 bn). With this, it has surpassed m-cap of US-based Southwest Airlines (current mcap $17.333 bn). World's leading two airlines in terms of market cap are US-based Delta Airlines ($30.442 billion) and Irelandheadquartered Ryanair ($26.941 bn). IndiGo, the
هذه القصة من طبعة April 11, 2024 من The Morning Standard.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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