ixigo shares gain 12% despite posting 49% decline in Q3 profit; here’s why

Le Travenues Technology, doing business as ixigo, shares zoomed 12 per cent in Wednesday’s trade, logging an intraday high at Rs 141.05 per share. The northward movement in the stock can be attributed to the company posting decent Q3FY25 results.

Around 12:14 PM, ixigo share price was up 11.97 per cent at Rs 140.8 per share on BSE. In comparison, the BSE Sensex was up 0.66 per cent at 76,399.59. The market capitalisation of the company stood at Rs 5,473.33 crore. The 52-week high of the stock was at Rs 196.45 per share and the 52-week low was at Rs 118.75 per share.