Jefferies has reiterated a ‘Buy’ call on InterGlobe Aviation (IndiGo) with a target price of ₹6,300, citing the airline’s consistent strategy to leverage long-term growth opportunities in India’s aviation sector despite near-term macro challenges.
Management reaffirmed its focus on cost leadership and operational efficiency, especially in the context of global supply chain disruptions and geopolitical tensions. Jefferies noted that IndiGo’s timely fleet orders will help it stay ahead in a consolidating industry landscape.
A key growth engine, according to Jefferies, will be the international segment, where the company plans to expand its footprint through new routes and aircraft. The brokerage also acknowledged IndiGo’s efforts to diversify its customer profile and geographies, which could support medium-to-long term margin expansion.
