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InterGlobe stock price down 6.1 per cent as Sensex slides

Shares of InterGlobe Aviation Ltd. fell 6.1 per cent to Rs 2125.7 at 01:39PM hours (IST) on Monday. Earlier in the day, the stock saw a gap down start to the session.

As per data available on BSE, total traded quantity on the counter stood at 41,794 shares with a turnover of Rs 9.09 crore till 01:39PM (IST). The stock traded at a price-to-earnings (P/E) multiple of -14.59, while the price-to-book value ratio stood at 599.54.

Return on equity (ROE) was at -8300.11 per cent, according to exchange data. The stock hit an intraday high of Rs 2227.6 and a low of Rs 2123.0 during the session and quoted a 52-week high price of Rs 2379.0 and a 52-week low of Rs 1502.9.

The stock’s beta value, which measures its volatility in relation to the broader market, stood at 0.88.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 1902.89 on February 14, while the 50-DMA was at Rs 2015.72. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 54.49. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 31-Dec-2021, promoters held 74.78 per cent stake in the company, while foreign institutional investors held 19.88 per cent and domestic institutional investors had 3.42 per cent.

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