IndiGo shares jump 4%; Company's stock hit in opening trade after first-ever quarterly loss
Updated : October 25, 2018 03:58 PM IST
IndiGo shares traded at Rs 850.80, higher by 4.17 percent on the NSE at 2:48 pm.
The stock came under pressure after the company on Wednesday posted a loss of Rs 652.1 crore for the quarter ended September 30, due to high fuel cost, rupee depreciation and intense competition.
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