Motilal Oswal Financial Services (MOSL) has upgraded its call on Interglobe Aviation Ltd (IndiGo) to ‘Buy’, assigning a target price of ₹6,550, which implies an upside of nearly 27% from the last closing price of ₹5,161.00 as of April 11, 2025.
The brokerage highlighted that favorable domestic demand trends, combined with benign Brent crude prices despite global geopolitical tensions, create a supportive macro environment for the airline industry—and particularly for IndiGo, given its dominant market share and strong execution.
According to MOSL, Interglobe Aviation is well-positioned to benefit from the ongoing upswing in Indian aviation. It expects the airline to deliver a CAGR of 28% in EBITDA and 38% in PAT during FY25–FY27. The stock is currently trading at 20x FY26 EPS and 9.7x FY26 EV/EBITDA, which the brokerage sees as attractive in light of the company’s robust growth potential.
The report also notes that IndiGo’s strategic initiatives—including capacity expansion, international route additions, and operating efficiency improvements—are likely to drive long-term profitability and reinforce its leadership in the sector.
Disclaimer: The above views are of the brokerage and not of the author or the publication. Please make any and every investment decision after consulting your financial advisor.
