Goldman Sachs reaffirmed its 'Buy' rating for IndiGo, setting a target price of ₹5,900, reflecting a potential 21% upside. The airline is buoyed by market share growth, cost advantages, and limited fleet additions, despite near-term profit pressures due to high fuel costs.
Goldman Sachs reaffirmed its 'Buy' rating for IndiGo, setting a target price of ₹5,900, reflecting a potential 21% upside. The airline is buoyed by market share growth, cost advantages, and limited fleet additions, despite near-term profit pressures due to high fuel costs.
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