IndiGo soars 8% in 2 days, hits record high. Should you buy, sell or hold?
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The shares of InterGlobe Aviation-owned IndiGo have zoomed 7.9% in just 2 days to hit their new all-time high of Rs 5,187 on the BSE after the airline company shared its ambitious roadmap for FY30. IndiGo, in its investor presentation, shared that it anticipates carrying 118 million passengers in FY25, with early double-digit growth projected for FY26. The airline also aims to expand its network by adding 14 new destinations in FY26, further enhancing its domestic and international reach. Further, IndiGo's expansion into key markets across Asia and Europe may strengthen its global presence. A significant milestone in its fleet strategy is the introduction of Airbus A321 XLR aircraft, with deliveries scheduled to begin in FY26, enabling more efficient operations on long-haul international routes. IndiGo anticipates receiving more than one aircraft per week in FY26 and aims for early double-digit capacity growth, further strengthening i...