Interglobe Aviation's Stock Price Declines by -3.75% on October 3rd, 2024

Interglobe Aviation, one of the leading players in the Indian aviation industry, has seen a decline in its stock price on October 3rd, 2024. The stock has lost -3.75% on this day, according to MarketsMOJO's stock call of 'Sell'. This decline in stock price is in line with the overall performance of the sector.

The stock opened with a loss of -2.06% today and touched an intraday low of Rs 4735 (-3.39%). However, the moving averages for Interglobe Aviation are still higher than the 50 day, 100 day, and 200 day moving averages. But, they are lower than the 5 day and 20 day moving averages.

The overall action in the airlines sector has also seen a decline of -3.41%. This could be attributed to various factors such as rising fuel prices, increasing competition, and the impact of the pandemic on travel demand.

In comparison to the Sensex performance, Interglobe Aviation's 1 day performance is -3.75% while the Sensex has seen a decline of -1.53%. Similarly, in the past month, Interglobe Aviation's performance has been -1.93% while the Sensex has seen a slight increase of 0.51%.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of Interglobe Aviation or the impact of investor interest or expert opinions. As a largecap company in the airlines industry, Interglobe Aviation's stock performance will continue to be closely monitored by investors and analysts.