Big Shock for Investors IndiGo Shares Crash 4% After ₹7,028 Cr Gangwal Stake Sale
Shares of InterGlobe Aviation, the parent company of budget airline IndiGo, fell sharply in early trade on Thursday, dropping over 4% after reports confirmed that co-founder Rakesh Gangwal and his family trust were offloading a fresh 3.1% stake in the airline through large block deals. Also Read: Sensex Crashes 678 Points, Nifty Below 24,520 as