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Why buy IndiGo despite the sharp rally

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

May 27, 2022 / 11:44 IST
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