|
30 Jul 2025 |
InterGlobe Aviation
|
Consensus Share Price Target
|
5740.00 |
6254.42 |
- |
8.96 |
buy
|
|
|
|
|
24 May 2023
|
InterGlobe Aviation
|
Geojit BNP Paribas
|
5740.00
|
2679.00
|
2269.00
(152.97%)
|
Target met |
Buy
|
|
|
|
|
19 May 2023
|
InterGlobe Aviation
|
ICICI Securities Limited
|
5740.00
|
3000.00
|
2264.65
(153.46%)
|
Target met |
Buy
|
|
|
We maintain our positive stance on InterGlobe Aviation (IndiGo) on the basis of a conducive supply-demand balance in India’s domestic aviation. The strategy to increase the international mix is gaining traction, which should further aid profitability.
|
|
19 May 2023
|
InterGlobe Aviation
|
Motilal Oswal
|
5740.00
|
2135.00
|
2266.80
(153.22%)
|
|
Neutral
|
|
|
|
|
10 Apr 2023
|
InterGlobe Aviation
|
ICICI Securities Limited
|
5740.00
|
2415.00
|
1902.10
(201.77%)
|
Target met |
Buy
|
|
|
We expect IndiGo to register Rs3bn/Rs23bn PBT (ex-forex impact) in Q4FY23/FY23. Profits are highly sensitive to yields which is the key upside/downside risk to our estimates. However, IndiGo remains well placed to benefit from strong systemic demand and its leading competitive positioning.
|
|
27 Mar 2023
|
InterGlobe Aviation
|
Prabhudas Lilladhar
|
5740.00
|
2347.00
|
1834.30
(212.93%)
|
Target met |
Buy
|
|
|
|
|
24 Mar 2023
|
InterGlobe Aviation
|
ICICI Securities Limited
|
5740.00
|
2415.00
|
1908.95
(200.69%)
|
Target met |
Buy
|
|
|
We attended InterGlobe Aviation’s (IndiGo) analyst meet held at its iFly Training Centre (Gurugram) on 23rd Mar’23. The airline remains focused on growth (>15% ASK growth in FY24, doubling the fleet by 2030) and internationalisation (increase ASK mix to 30% over next two years from 23% in 9MFY23).
|
|
24 Mar 2023
|
InterGlobe Aviation
|
Motilal Oswal
|
5740.00
|
2110.00
|
1865.20
(207.74%)
|
Target met |
Neutral
|
|
|
|
|
23 Mar 2023
|
InterGlobe Aviation
|
Geojit BNP Paribas
|
5740.00
|
2282.00
|
1908.95
(200.69%)
|
Target met |
Buy
|
|
|
|
|
06 Feb 2023
|
InterGlobe Aviation
|
ICICI Securities Limited
|
5740.00
|
2415.00
|
2097.70
(173.63%)
|
Target met |
Buy
|
|
|
InterGlobe Aviation (IndiGo) is benefitting from strong traffic, cost leadership in the industry and relatively benign competition. Its structural cost advantage is best defined through its fleet size of 302 aircraft with 238neos (fuel efficient) and an average age of only 3.5 years.
|
|
05 Feb 2023
|
InterGlobe Aviation
|
Prabhudas Lilladhar
|
5740.00
|
2500.00
|
2097.70
(173.63%)
|
Target met |
Buy
|
|
|
|