InterGlobe Aviation, the parent company of IndiGo Airlines, witnessed a significant uptick in its stock price on Friday, with shares climbing almost 3% on the BSE to reach a new 52-week high of Rs 4,520. This surge followed a more than doubling of the company’s Profit After Tax (PAT) to Rs 1,895 crore in the fourth quarter.
Over 800 smallcaps end the week in red. 116 stocks fall in double-digits up to 43%
BSE Smallcap fell 2% last week, with 821 stocks declining up to 43%. Market sentiment remained weak due to US recession fears and tariff wars.