Aviation stks in focus; InterGlobe Aviation hits 52-wk high; SpiceJet up 6%

The ministry had said last week that the Indian airlines can operate maximum 60% of their pre-Covid domestic passenger flights till February 24 next year due to the prevailing coronavirus situation

Shares of aviation companies were in focus on Thursday with InterGlobe Aviation hitting a fresh 52-week high, while SpiceJet gaining 6 per cent in the intra-day trade on the BSE after the government increased domestic flights' limit to 70 per cent of pre-Covid levels from 60 per cent.

The ministry had said last week that the Indian airlines can operate maximum 60 per cent of their pre-COVID domestic passenger flights till February 24 next year due to the prevailing coronavirus situation.

The Civil Aviation Ministry had said on September 2 that the Indian airlines can operate maximum 60 per cent of their