Interglobe Aviation Stock Shows Mixed Performance Amid Airline Sector Gains

Jan 23 2025 10:30 AM IST
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Interglobe Aviation's stock rebounded on January 23, 2025, after two days of declines, reaching an intraday high. While the stock is above its 5-day moving average, it remains below longer-term averages. The airline sector showed overall gains, with Interglobe outperforming the Sensex despite a monthly decline.
Interglobe Aviation, a key player in the airline sector, saw its stock price rise by 3.96% on January 23, 2025, following two days of declines. The stock reached an intraday high of Rs 4141, marking a 3.07% gain during the session.

Currently, the stock is positioned above its 5-day moving average, yet it remains below its 20-day, 50-day, 100-day, and 200-day moving averages, indicating mixed short-term and long-term performance trends.

The airline sector overall experienced a positive day, with a gain of 3.08%, while Interglobe Aviation's performance of 3.85% outperformed the Sensex, which rose by only 0.33%. However, it's worth noting that over the past month, Interglobe Aviation's stock has seen a decline of 6.04%, in contrast to the Sensex's decrease of 2.40%.
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