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Aviation stocks tumble led by InterGlobe

Shares of airline operators declined in today’s trade due to poor results of InterGlobe Aviation. The company’s Q4FY18 standalone net profit declined 73.3% yoy to Rs118cr. The company’s standalone revenue stood at Rs5,799cr, up 19.6% yoy but down 6.1% qoq.

Interglobe Aviation Ltd is currently trading at Rs1,165.75, down by Rs182.5 or 13.54% from its previous closing of Rs1,348.25 on the BSE.

The scrip opened at Rs1,289 and has touched a high and low of Rs1,293 and Rs1,111.30 respectively. So far 77,37,492 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs51,827.65cr.

Jet Airways (India) Ltd is currently trading at Rs559.40, down by Rs33.5 or 5.65% from its previous closing of Rs592.90 on the BSE.
The scrip opened at Rs593 and has touched a high and low of Rs593 and Rs556 respectively. So far 28,51,685 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs6,735.34cr.
SpiceJet Ltd is currently trading at Rs122.60, down by Rs9.3 or 7.05% from its previous closing of Rs131.90 on the BSE.
The scrip opened at Rs127 and has touched a high and low of Rs128.50 and Rs120.05 respectively. So far 32,96,096 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs7,906.75cr.