Indigo Share Price

On Tuesday, IndiGo share price zoom by more than 6% and reached its highest point in a year. This happened because a foreign company called UBS increased its target price for the stock. IndiGo's shares went up by 6.05% to ₹3,484.00 each on the BSE.

UBS Bullish on IndiGo: Positive Industry Outlook

UBS (Union Bank of Switzerland) stays optimistic about IndiGo due to India's growing aviation industry, gains in international travel, and efficient operations. They suggest buying IndiGo shares and raised the target price to ₹4,000, expect a 21% increase. In spite of challenges like higher fuel prices and pilot salaries, UBS expects stable to improved performance, driven by increased seat kilometers and yields.

About Indigo (Interglobe Aviation Ltd)

Since 1989, InterGlobe Enterprises has been connecting people and markets. Our strong dedication to this goal has helped us grow in industries like aviation, hospitality, logistics, travel commerce, airline management, advanced pilot training, and aircraft maintenance engineering.

Disclaimer

The information provided is for informational purposes only and does not represent financial advice or guidance. Investing in the stock market involves essential risks, and individuals should conduct thorough research or seek professional guidance before making any investment decisions.

Visit For More