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Aviation shares in focus; InterGlobe Aviation hits 52-week high

InterGlobe Aviation, SpiceJet and Jet Airways (India) were up in the range of 1% to 3% on BSE

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SI Reporter Mumbai
Shares of aviation companies were trading higher for the third straight trading session after they reported a good set of numbers for the April-June quarter (Q1FY18).

InterGlobe Aviation, SpiceJet and Jet Airways (India) were up in the range of 1% to 3% on BSE. On comparison, the S&P BSE Sensex was up 101 points or 0.32% at 31,872 at 10:26 am.

InterGlobe Aviation and SpiceJet, together, have reported 33% year-on-year (YoY) growth in combined net profit of Rs 984 crore against Rs 741 crore in year ago quarter.

InterGlobe Aviation, owner of India's largest airline IndiGo, hit