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Image Credit: Bloomberg Quint

Interglobe Aviation Gets 'Buy' Upgrade From Motilal Oswal, Sees 27% Upside — Here's Why

  • Interglobe Aviation (IndiGo) has received a 'Buy' upgrade from Motilal Oswal, with a projected 27% upside.
  • IndiGo has placed orders for 925 aircraft, which is one of the largest fleet expansions in global aviation history.
  • The airline has been making progress by gaining market share, expanding its international and cargo business, and adding new destinations/routes.
  • IndiGo stock currently trades at a P/E of 20x FY26 EPS and 9.7x FY26E EV/Ebitda.

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