InterGlobe share price: InterGlobe shares fall 0.01% as Sensex falls

The shares of InterGlobe Aviation Ltd. traded 0.01% at Rs 1912.8 at 11:42 am (IST) on Friday, even as the BSE benchmark Sensex lost 14.72 points to 58,446.57.

The certificate had settled at Rs 1,912.95 in the previous session. The stock listed a 52-week high of Rs 2,379.0 and a 52-week low of Rs 1,356.4, respectively. According to ESB data, the total volume traded over the counter until 11:42 am (IST) stood at 23,330 shares with a turnover of Rs 4.51 crore.

At the current price, the company’s shares were trading at -11.55 times its 12-month EPS of Rs -165.58 per share and 599.54 times its book value, according to BSE data.

A higher price-to-earnings ratio shows that investors are prepared to pay a higher share price today due to growth expectations going forward.

Book value indicates the intrinsic value of a business and reflects the price investors are willing to pay even when the business does not grow. The stock’s beta value, which measures its volatility relative to the broader market, was 0.88.

Shareholder details

Promoters held 38.18 percent of the company’s share capital as of September 30, 2021, while FIIs held 18.51 percent and DII 3.2 percent.

Techniques

On technical charts, the stock’s Relative Strength Index (RSI) stood at 35.05. The RSI hovers between zero and 100. Traditionally it is considered an overbought condition when the value of the RSI is above 70 and an oversold condition when it is below 30. Chartists say that the RSI should not be. considered in isolation because it may not be enough to take a trading call, just as fundamental analysts cannot give a “buy” or “sell” recommendation using a single valuation ratio.


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