Indigo co-founder Rahul Bhatia has reportedly earned a massive profit of INR 8200 crore in just two months. The airline industry in India has seen a renewed interest recently, which has led to a tremendous increase in the shares of Indigo.
Here are the details of Rahul Bhatia’s incredible earnings and the surge in Indigo’s shares:
H3: Rahul Bhatia earns INR 8200 crore in just two months
Rahul Bhatia, the co-founder of Indigo’s parent company InterGlobe Aviation, has reportedly earned INR 8200 crore in just two months. This incredible profit comes on the back of a renewed interest in the Indian airline industry.
H3: Indigo’s shares surge after renewed interest in Indian airline industry
The Indian airline industry has seen a renewed interest in recent times, which has led to a significant increase in the shares of Indigo. As a result, InterGlobe Aviation’s shares on the National Stock Exchange (NSE) have soared by 32% to reach a record high of INR 2,418.50 at the end of March.
This surge in Indigo’s shares is significant, especially when compared to the Nifty50 benchmark, which has only increased by 10% during the same period.
In conclusion, Rahul Bhatia’s earnings and the significant surge in Indigo’s shares highlight the renewed interest in the Indian airline industry. It remains to be seen whether this trend will continue in the future.
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