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IndiGo stock zooms 10% despite widening of losses in Q4

Shares of InterGlobe Aviation (IndiGo) gained nearly 10 per cent today despite the budget carrier reporting widening of its losses in the fourth quarter of previous fiscal.

Stock of InterGlobe Aviation climbed 9.93 percent to Rs 1808.50 against the previous close of Rs 1645.05 on BSE.

Total of 0.31 lakh shares of the firm changed hands amounting to a turnover of Rs 5.47 crore. Interglobe Aviation stock is trading lower than 5 day, 20 day, 50 day, 100 day and 200 day moving averages. ....

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