While the news of the crash was still developing, IndiGo and SpiceJet shares were down by nearly 2%.
IndiGo shares today fell 3.4% intraday to hit the day’s low of Rs 5,437.50 on the NSE, while SpiceJet declined 2.6% to 44.30.
Thursday was otherwise a terrible trading session as the Indian benchmark indices, Sensex and Nifty, declined sharply, reacting to a cocktail of global uncertainties, including escalating tensions in the Middle East and a cautious tone ahead of the weekly F&O expiry. The sell-off was led by IT stocks, with benchmark indices slipping nearly 1% in intraday trade.
The BSE Sensex slumped over 900 points, to the day’s low of 81,605.82 around 2:06 PM, meanwhile, the NSE Nifty fell nearly 250 points to slip below the 24,900 level. The market capitalisation of all listed companies on the BSE shrank by Rs 4.19 lakh crore to Rs 451 lakh crore, reflecting broad-based selling across sectors.
InterGlobe Aviation had reported a 62% year-on-year growth in its Q4FY25 consolidated net profit at Rs 3,067 crore versus Rs 1,895 crore in the year-ago period. The profit is attributable to the owners of the company.The company’s board recommended a dividend of Rs 10 per equity share, subject to approval of the shareholders of the company at the ensuing Annual General Meeting (AGM). The payment of dividends will be completed within 30 days of declaration at the ensuing AGM.Also Read: From rags to rallies: Tata’s B team delivers up to 49% returns in 3 months, outshining bluechips
Meanwhile, SpiceJet’s Board of Directors will meet on June 13, 2025 (Friday), to consider and approve the audited standalone and consolidated financial results of the Company for the fourth quarter and financial year ended March 31, 2025.
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