Motilal Oswal reiterates Buy on IndiGo, sees 31% upside to Rs 6,580
The brokerage expects IndiGo’s demand resilience, fleet expansion and international-network growth to support recovery through FY26-FY28, despite fuel-cost, currency, airspace-disruption and damp-lease pressures on margins.
Motilal Oswal reiterated a Buy on IndiGo with a Rs 6,580 target, citing resilient Indian demand, fleet expansion and international-network growth despite fuel, currency, airspace-disruption and damp-lease margin pressures.
Why this matters
The call follows IndiGo's reported ₹382 crore Q1 loss amid higher fuel costs, while the airline also opposes airport-operator cross-ownership and has proposed passenger support in a CCI probe settlement.
retail-company is accelerating, up +1064800% QoQ.