Shares of InterGlobe Aviation Ltd, the parent company of IndiGo, have gained around 15% in 2025 so far. On Tuesday, the stock traded at ₹5,278.00, down 1.18% for the day, but remaining significantly higher compared to its levels earlier this year.
Brokerage firm HSBC has maintained its ‘buy’ rating on IndiGo, setting a target price of ₹5,975, indicating an upside potential of nearly 11.9% from the current market price. HSBC noted that the recent airspace closure by Pakistan is expected to have minimal impact on IndiGo’s operations, with only around 4% of its total capacity affected. The brokerage believes the disruption will likely have a larger impact on Air India compared to IndiGo.
As per a recent interview, IndiGo’s CEO Pieter Elbers outlined the company’s international expansion strategy. Elbers stated that IndiGo has placed an order for 500 aircraft, marking the largest single aircraft order globally. The airline aims to cater to India’s growing demand for international travel by offering a premium business class experience and enhancing loyalty programs.
Elbers emphasized that IndiGo’s core promises—affordable fares, hassle-free service, and on-time performance—will remain unchanged even as the airline pursues its goal of becoming a global aviation giant by 2030. Cost leadership and service quality, he said, will continue to be the foundation of IndiGo’s growth strategy.
As of the latest update, IndiGo’s market capitalization stands at ₹2.04 lakh crore with a P/E ratio of 33.58.
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