Overview

• Promoters plan to offload around 4 percent stake via block deals to raise about $1 billion as part of a broader exit strategy.
• Shares have declined 5 percent over the past month yet rallied 24 percent over the last year.
• Analysts recommend accumulating shares on dips given IndiGo’s growth trajectory and strong market positioning.
• Management targets a fleet size exceeding 600 aircraft by FY30 and is preparing medium- and long-haul routes across Europe with an eventual North America entry.
• Jefferies noted transient booking cancellations following recent geopolitical tensions with bookings rebounding in June and praised the airline’s progress in cutting carbon emissions per available seat kilometre.