<ul><li>Motilal Oswal has raised the target price for InterGlobe Aviation (parent of IndiGo) due to falling fuel prices and increasing domestic demand.</li><li>The target price of Rs 6,550 reflects the positive impact of lower fuel costs, planned international capacity expansion, and a growing fleet of 925 aircraft.</li><li>Motilal expects IndiGo's operating income and profit after tax to grow at a CAGR of 28% and 38% respectively over the next two fiscals.</li><li>The airline is focusing on codeshare deals and tech innovations to enhance operations and customer experience, while CEO Pieter Elbers aims to steer IndiGo towards global relevance.</li></ul>

IndiGo Gets Its Most Bullish Target Price As Yet By Motilal Oswal On Fuel Cost Relief, Rising Domestic Demand

Discover more