Good buying opportunity indigo at lower level AsPromoter Rakesh Gangwal may sell 3.4% in IndiGo stake at 4.6% below the yesterday closing price · Rakesh Gangwal is likely to divest about 3.4 per cent stake in IndiGo for ₹6,831 crore via block deals. · This is part of his long-term plan to gradually reduce his stake in India’s largest airline, which he cofounded with Rahul Bhatia in August 2006. · Sources said the floor price for the transaction had been set at ₹5,175 per share, nearly 4.6 per cent below the last closing price of ₹5,424. · Currently, Gangwal and his related entities hold a 13.53 per cent stake in IndiGo. Read 📚 Disclaimer & Disclosure