Trending stocks: InterGlobe Aviation shares flat ahead of Q4 results

NEW DELHI: Shares of InterGlobe Aviation Ltd. traded 0.09 per cent down in Tuesday's trade at 10:20AM (IST). Around 45,549 shares changed hands on the counter.

The scrip opened at Rs 950.0 and touched an intraday high and low of Rs 954.75 and Rs 935.15, respectively, in the session so far. The stock of InterGlobe Aviation Ltd. quoted a 52-week high of Rs 1911.0 and a 52-week low of Rs 765.05.

Total market cap of the InterGlobe Aviation Ltd. stood at Rs 36503.7 crore at the time of writing this report.
InterGlobe Aviation is slated to announce its March quarter earnings today.


Key Financials
The company reported consolidated net sales of Rs 9931.69 crore for the quarter ended 31-Dec-2019, up 22.53 per cent from previous quarter's Rs 8105.19 crore and up 25.46 per cent from the year-ago quarter's Rs 7916.22 crore.

The net profit for latest quarter stood at Rs 495.972 crore, up 167.85 per cent from the corresponding quarter last year.

Shareholding pattern
As of 31-Mar-2020, domestic institutional investors held 7.91 per cent stake in the company, while foreign institutional investors held 13.59 per cent and the promoters 38.22 per cent.


Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 29.61 and a price-to-book ratio of 5.25. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

InterGlobe Aviation Ltd. belongs to the Airlines industry.