InterGlobe Aviation, the operator of IndiGo airlines, saw its stock price surge past ₹5,000 on March 19, 2025, reflecting strong growth potential. The company plans to expand its fleet and international presence significantly by 2030, boosting investor confidence.
InterGlobe Aviation, the operator of IndiGo airlines, witnessed a significant surge in its stock price, crossing the ₹5,000 mark for the first time. The stock rose by 5% in intra-day trading, reaching an all-time high of ₹5,053.05, driven by strong investor confidence in the airline’s growth strategy.
IndiGo, India’s largest airline by market share, recently unveiled ambitious expansion plans in its investor presentation. The company aims to add one aircraft per week until 2030, increasing its fleet size to over 600 aircraft. Additionally, it seeks to expand its international capacity share from 25% to 40% in the coming years. The introduction of widebody aircraft in FY25 and XLRs in FY26 will further support its expansion into long-haul and mid-long-haul international routes.
Stock Performance and Market Outlook
On March 19, IndiGo shares opened at ₹4,849.10, surpassing the previous close of ₹4,807.95. The stock’s strong performance comes despite a broader selloff in the Indian stock market, with IndiGo maintaining a 12% gain over the past three months.
Market analysts attribute the stock’s resilience to IndiGo’s increasing market dominance. In January 2025, domestic passenger traffic remained strong, with IndiGo’s market share rising by 80 basis points to 65.2%, a record high.
Brokerage Insights and Future Projections
Brokerage firm ICICI Securities noted in a recent report that IndiGo’s management expects a low single-digit year-on-year decline in passenger yields for Q4FY25. This forecast is an improvement from the earlier expectation of a mid-to-high single-digit decline. The robust demand trends observed in January 2025 are seen as a positive sign for IndiGo’s financial performance in what is typically a weaker quarter.
With a clear roadmap for expansion and increasing investor confidence, IndiGo remains well-positioned for sustained growth in India’s aviation sector.
