Indigo Share: The impact of Indigo crisis is now being seen on its shares also. Shares of IndiGo’s parent company InterGlobe Aviation have fallen by more than 7 percent in the last four trading sessions. IndiGo, which is facing operational crisis, has canceled more than 1700 flights in four days.

What is the condition of the shares?

The situation is that on Friday, Indigo shares closed 1.22 percent down at Rs 5,371.30 on BSE, whereas in intraday it slipped 3.15 percent to Rs 5,266. On NSE also it fell 1.27 percent and closed at Rs 5,367.50.

Since December 1, the market capitalization of the company has declined from Rs 16,190.64 crore to Rs 2,07,649.14 crore. Of course, IndiGo’s stock has risen by 16.79 percent in the last one year, but in the last one month the stock has also declined by 5.72 percent and amid the flight cancellation crisis, it is trading down by 8.76 percent.

More than 350 flights canceled even today

Indigo has about two-thirds domestic traffic. In such a situation, the air travel system has completely collapsed due to its network being disrupted for the fourth consecutive day. Till now the situation does not seem to be normal and more than 350 flights have been canceled in many airports of the country even today. In such a situation, a large crowd of people has gathered, people are upset and angry.

What is the reason for the problem?

This crisis is due to the new pilot flying-time regulation. Under this, two days of week off in a week was made mandatory for pilots. This means that their weekly rest period has now been increased from 36 hours to 48 hours. Apart from this, night duty will be from 12 AM–6 AM and the flying time in night shift was fixed at 8 hours and overall duty time was fixed at 10 hours.

The purpose of this new rule is to provide more comfort to the pilots and increase the safety of air travel. DGCA had made this change in the rules related to the work of crew members and pilots from November 1. Here, Indigo has cited ‘misunderstanding’ and ‘lack of planning’ as the reason for the large-scale cancellation. CEO Peter Albers said on Friday that operations are expected to return to normal between December 10 and 15.

Indigo results in September quarter

India’s largest airline operator IndiGo suffered huge losses in the July-September quarter of the financial year 2025-26. During this period, its net loss increased by 161 percent to Rs 2,582 crore, whereas it was Rs 987 crore in the same quarter last year. However, the revenue from core operations of the airline increased by 9.3 percent in the second quarter and reached Rs 18,555 crore. Whereas in the same quarter a year ago it was Rs 16,969 crore.

Foreign exchange costs had the biggest impact on the airline’s results in the second quarter, increasing more than ten times to Rs 2,892 crore in the July-September quarter. Whereas in the same quarter a year ago it was Rs 240 crore. Due to this, revenue increased due to increase in total expenses in the quarter, but net loss also increased.

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Indigo shares: Indigo airline shares will remain in focus on August 28 as its co-founder Rakesh Gangwal has planned to sell his share of 3.1 percent in Interglob Aviation for $ 801 million (about Rs 7,027.7 crore) through a block deal.

According to the Economic Times report, the sale of 1.21 crore shares under the proposed sale will be at a minimum price of Rs 5,808 per share, which is about four percent less than Tuesday’s closed price (Rs 6,050). Goldman Shakes, Morgan Stanley India and JP Morgan India have been appointed brokers for this deal.

The share will remain so after the deal

Let us know that the total stake of Gangwal and Chunkarpu Family Trust in Interglobe Aviation was 7.81 percent till June 2025. Whereas after this deal, it will now be reduced to 4.71 percent. The trust has Shobha Gangwal and JP Morgan Trust Company of Delaware Trustees.

Constantly decreasing stake

In February 2022, Gangwal resigned from the board after being told by another co-founder Rahul Bhatia on issues related to the company’s operation. At that time, Gangwal and their respective institutions had about 37 percent stake in the company. Since then, he and his wife Shobha Gangwal have been continuously reducing their stake through several block deals.

He also sold 5.72 percent stake in May 2025 for around Rs 11,564 crore. Earlier, stake was sold in August 2024, February 2023, August 2023 and September 2022. According to the ET report, according to the terms of the deal, the family agreed to the 150-day lock-up period on the sale of shares.

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Airlines shares: On Thursday, Indigo and SpiceJet shares also recorded a steep decline after the news of Air India aircraft crashed at Ahmedabad Airport. According to the Gujarat State Police Control Room, an Air India aircraft crashed within a few minutes of flying at Sardar Vallabhbhai Patel International Airport in Ahmedabad.

#Watch Gujarat: The nose area of ​​the ill-fitted London-bound Air India Aircraft Crashed Into a Building in Ahmedabad. Visuals from the spot.

Air India B787 Aircraft VT-Anb, While Operating Flight AI-171 from (Ahmedabad to London Gatwick) Crashed immediati after afferation takeoff from… pic.twitter.com/eqwrk2mj5

– ANI (@ani) June 12, 2025

Indigo and SpiceJet’s share declines

As soon as this news was revealed, IndiGo’s shares slipped 3.4 percent to a low of Rs 5,437.50 on the NSE on Thursday. At the same time, SpiceJet’s shares came to Rs 44.30 with a decline of 2.6 percent. The market was already under pressure on Thursday due to weak global signals and increasing tension between Israeli-Iran. As soon as the news of Air India had a plane crash from above, there was chaos in investors. During this, both Sensex and Nifty declined sharply.

Most selling among IT stocks

The biggest decline in Thursday trading came in IT shares. The total market value of all listed companies listed in BSE fell by Rs 4.19 lakh crore to Rs 451 lakh crore. Earlier, in May, Interglobe Aviation introduced great results.

In the fourth quarter of FY 2025, the company’s profit increased by 62 percent to Rs 3,067 crore. The company also announced a dividend of Rs 10 per share, which is currently under the approval of AGM. Dividend will be paid within 30 days of getting approval from here.

SpiceJet results will be announced soon

SpiceJet has not announced its results yet. The board of directors of the company will meet on June 13, 2025 (Friday), in which the results of the fourth quarter and FY 25 will be considered and approved. The sharp decline in the airline shares reflect the concern of investors about the aircraft accident.

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