Interglobe Aviation Ltd Share Price – NSE  / BSE

Air Transport Service, Mid Cap

InterGlobe Aviation, the parent company of IndiGo, fell 4.74%. SpiceJet declined 2.50%.

The selling pressure came as investors assessed the possible impact of lower outbound travel demand and rising fuel costs on airline profitability.

Speaking at an event in Secunderabad, Telangana, Modi urged people to defer overseas vacations, destination weddings and foreign travel for at least one year. He also called for reduced fuel consumption through greater use of metro rail, carpooling and electric vehicles.

The Prime Minister further advocated wider adoption of work-from-home practices, online meetings and virtual conferences to help conserve fuel and foreign exchange reserves.

The decline in aviation stocks also reflected concerns over elevated crude oil prices amid the ongoing U.S.-Iran conflict. Higher crude prices are expected to increase aviation turbine fuel costs, a major expense component for airlines.

Investors also remained cautious over the potential impact of geopolitical tensions on inflation, India?s import bill and international travel demand.

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Interglobe Aviation has allotted 34,000 equity shares under ESOS on 08 April 2026. With this allotment, the paid up equity share capital has increased to Rs 386,64,69,980/-.

InterGlobe Aviation rose 9%, while SpiceJet jumped 5%.

The rally followed an announcement by Donald Trump that the United States had agreed to a two-week ceasefire with Iran, subject to the safe reopening of the Strait of Hormuz, which carries nearly one-fifth of global oil flows.

In commodities, Brent crude for June 2026 settlement dropped $14.93 or 13.66% to $94.34 per barrel, easing cost pressures for airlines.

Lower crude prices directly reduce aviation turbine fuel costs, a key expense for carriers, supporting margin expansion. At the same time, easing tensions are expected to normalise flight routes and cut fuel burn after weeks of airspace disruptions.

Major transit hubs such as Dubai International Airport, along with Abu Dhabi and Doha, had faced restrictions amid regional airspace closures following recent strikes.

Interglobe Aviation announced that CRISIL has placed its ratings on the bank facilities of the Company on 'Watch with Developing Implications' as detailed below:

Long term rating - CRISIL AA-/Watch Developing (Placed on 'Rating Watch with Developing Implications')

Short term rating - CRISIL A1+/Watch Developing (Placed on 'Rating Watch with Developing Implications')