InterGlobe Aviation, which runs no-frills carrier IndiGo, completed its one month on Thursday (December 10) on stock exchanges from the date of listing. Shares of InterGlobe made a strong debut on the bourses on November 10 as it was listed at Rs 856 on BSE, reflecting a gain of 11.89 per cent as compared to the issue price. The issue price was set at Rs 765. The share price of InterGlobe Aviation surged 15 per cent from the day of listing on bourses on November 10. In the past one month, the scrip hit a high and low of Rs 1145.75 and Rs 878.45, respectively. On a month-to-date basis, the share price of Indigo corrected 9 per cent to Rs 1,010.50 till\u00a0December 9. The scrip was at Rs 1,110.15 on November 30. The company is one of the two profit-making domestic airlines with the other one being GoAir. At present, only two domestic scheduled carriers \u2013 Jet Airways and SpiceJet - are listed, while trading in long-grounded Kingfisher Airlines has been suspended for a long time. Chandan Taparia, derivative and technical analyst, Anand Rathi Securities, said, \u201cShares of InterGlobe Aviation have recently broken its immediate support levels of Rs 1,030 due to some market pressure. If it will touch Rs 1,035 in coming days then it move towards Rs 1,100.\u201d For the financial year ended March 2015, InterGlobe Aviation reported net profit of Rs 1,295.58 crore, up 173 per cent, against Rs 474.44 crore in the previous financial year. The company registered net profit of Rs 987.3 crore in the financial year ended March 2013. Total revenue of the company grew 25.16 per cent year-on-year to Rs 14,309.14 crore in 2014-15 against Rs 11,432.12 crore last year. At current market price, shares of Indigo were trading at price-to-earnings ratio of 114.87 against industry P\/E of 108.59. Experts have different views on the further movement of Indigo shares. G Chokkalingam, founder of Equinomics Research, \u201cShares of Interglobe Aviation are fairly valued right now.\u201d Kishor P Ostwal, chairman and managing director, CNI Research, \u201cI am not bullish on Interglobe Aviation shares. Aviation sector is heavily depends on government policies and international competition may squeeze margins going forward.\u201d The promoters holding in the company stood at 86.15 per cent while institutions and non-institutions held 5.85 per cent and 8 per cent respectively. On December 10, the share price of the airline was trading 0.25 per cent up at Rs 1,013 in the morning trade.