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Why buy IndiGo despite the sharp rally

Nitin Agrawal   •

Strong demand from both domestic and international travellers can take the company to higher altitude despite rising fuel costs.

In an environment where there are no capacity caps and the airline has been gung-ho about adding capacity, IndiGo’s losses have increased after it deployed additional capacity, which has widened its market share (Representative Image)

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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More