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InterGlobe Aviation shares end 2% higher

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Press Trust of India Mumbai
InterGlobe Aviation shares ended with 2 per cent gains today as IndiGo is all set to take delivery of its maiden new engine technology aircraft A320neo, becoming the first domestic carrier to have such a plane in its fleet.

The stock of IndiGo's parent InterGlobe settled at Rs 821.75, up 2.02 per cent on BSE. During the day, it gained 5.27 per cent to Rs 848.

On NSE, shares of the company climbed 1.72 per cent to close at Rs 820.55.

In terms of volume, 2.57 lakh shares of the company changed hands at BSE and over 17 lakh shares were traded at NSE during the day.
 

The eco-friendly, fuel-efficient aircraft A320neo (new engine option) is being delivered to the Gurgaon-based carrier after a delay of nearly three months.

In 2011, IndiGo had announced it would acquire 180 A320s including 150 A320neo, the largest aircraft order by any Indian carrier at that time.

IndiGo, which got listed on the bourses last year, was scheduled to start induction of these planes in December.

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First Published: Mar 11 2016 | 5:43 PM IST

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