Ixigo share price rise nearly 4% as airspace reopens after India-Pakistan tensions ease

Shares of Le Travenues Technology Ltd, the parent company of travel platform Ixigo, surged 3.86% to ₹157.85 on Monday, following easing tensions between India and Pakistan. The stock had previously closed at ₹151.98 and touched an intraday high of ₹158.96.

The rise comes as travel and tourism-linked stocks rallied across the board after a temporary closure of 32 airports near the India-Pakistan border was lifted. The Indian Air Force reportedly cancelled the NOTAM (Notice to Airmen), allowing commercial operations to gradually resume.

Ixigo, which had seen pressure last week amid mass flight cancellations and airspace restrictions, recovered along with other ticketing platforms like IRCTC and EasyTrip. Over 430 flights were reportedly cancelled during the escalation, according to B&K Securities.

With normalized air traffic and improved sentiment in the tourism sector, the Nifty India Tourism Index also gained over 4% in Monday’s trade. Ixigo now holds a market cap of ₹61.59 billion and continues to trade with high investor interest, averaging over 5 lakh shares in daily volume.

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