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InterGlobe Aviation stock surges 9% on buzz of FTSE inclusion

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Press Trust of India Mumbai
Shares of InterGlobe Aviation surged nearly 9 per cent today amid reports of the stock's inclusion in the FTSE indices.

The stock which has recently debuted on the bourses soared 8.65 per cent to settle at Rs 1,003.25 on BSE. Intra-day, it surged 11.83 per cent to Rs 1,032.70.

At NSE, shares of the company jumped 8.74 per cent to end at Rs 1,004.10.

As per reports, index provider FTSE is likely to add IndiGo to four of its indices with effect from November 18, 2015.

However, there is no official word on the company's inclusion in the FTSE index.
 

Shares of IndiGo's parent InterGlobe Aviation made a remarkable debut on bourses on Tuesday, surging nearly 15 per cent, over the issue price of Rs 765 per share.

In just three trading sessions, the stock has gained over 31 per cent over the issue price.

The company commands a market valuation of Rs 36,152.77 crore, making it the biggest domestic carrier by market capitalisation.

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First Published: Nov 13 2015 | 6:42 PM IST

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