IndiGo shares plummet by 9% amid crisis, down by 16% in December

Shares of IndiGo Airlines fell sharply, dropping nearly 9% to ₹4906.00 apiece on Monday. The shares fell for seventh consecutive session, with price falling by 16% in the 1st week of December, reported Financial Express. For context, IndiGo cancelled over 2,000 flights this month, causing massive disruptions across India. So far, the airline issued nearly ₹872 crore in refunds.