IndiGo shares tank 20% in biggest fall since January 2016
Shares of IndiGo's operator InterGlobe Aviation plunged nearly 20% on Thursday, their biggest intraday fall since January 2016. This came after the company reported a 73% drop in its March quarter profit at â¹118 crore. The stock has plunged 22% since touching a record on April 20, wiping out about â¹13,000 crore in market value.