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IndiGo shares sink over 6.5 pc amid ongoing flight disruptions

InterGlobe Aviation shares slid sharply in early trade after the DGCA extended the deadline for IndiGo CEO’s reply to a show-cause notice over large-scale flight disruptions

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The aviation regulator had issued a show-cause notice to IndiGo’s accountable manager. File Pic

The aviation regulator had issued a show-cause notice to IndiGo’s accountable manager. File Pic

Shares of InterGlobe Aviation, the parent company of IndiGo Airlines, fell sharply in early trade on Monday, dropping 6.6 per cent to an intra-day low of Rs 5,015 on the BSE. 

However, it recovered later as around 9:45 a.m., the shares were trading at Rs 5,159.50, down by Rs 211 or 3.93 per cent.

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