InterGlobe Aviation hits 10-month high; zooms 90% from 52-week low

The stock was trading 4% higher at Rs 1,325 apiece in the morning trade, its highest level since May 2, 2018 on the BSE.

Shares of InterGlobe Aviation, parent of IndiGo, hit a 10-month high of Rs 1,325, up 4 per cent on Wednesday, even when other airline stocks slipped up to 8 per cent in the intra-day trade.

The stock of InterGlobe Aviation hit its highest level on May 2, 2018. It rallied 90 per cent from its 52-week low level of Rs 697 touched on September 10, 2018, as compared to a 10 per cent rise in the S&P BSE Sensex. It hit an all-time high level of Rs 1,520 on April 20 last year.

SpiceJet dipped 8 per cent