Share price of InterGlobe Aviation, parent of budget carrier IndiGo, hit an intra-day high of ₹5,508. The stock bounced back 41% from its 52-week low of ₹3,894.80 touched on March 23, 2026.
Indian carriers are losing share on international routes as foreign airlines strengthen their presence, underscoring the challenge of building global aviation champions
Global headwinds have forced the airline to make steep cuts in capacity
IndiGo, India's largest airline, said on Monday it ??has appointed insider Kiran Thadimarri as its chief financial officer, replacing Gaurav Negi
Higher fuel and leasing costs pushed IndiGo into a Q1 loss, but brokerages remain positive on the airline's long-term growth driven by strong demand and international expansion
IndiGo share price: Despite of a headline miss in Q1 earnings, analysts believe that IndiGo's structural story remains intact, prompting them to retain their ratings on the stock.
Aircraft fuel expenses rose 85.7 per cent to ₹10,832.9 crore and accounted for 44.1 per cent of revenue, up from 28.5 per cent in the year-ago quarter
To mitigate the impact of higher aviation turbine fuel (ATF), IndiGo has raised airfares, but analysts believe it will not be enough to stem the Q1 profit fall.
Gift Nifty futures were trading 168 points or 0.69 per cent lower at 24,050 levels, signalling a gap-down start. Meanwhile, shares of HCL Tech, Asian Paints and Biocon will be in focus today.
While renewed geopolitical tensions in West Asia are likely to keep markets choppy, the Nifty 50 could rise to 26,500 by June 2027, around 10 per cent upside from current levels, Goldman Sachs said.
Notably, aviation turbine fuel (ATF) accounts for about 40 per cent of airline operating expenses, making airlines highly sensitive to crude prices.
Stocks to watch today: HCL Tech, DMart, IndiGo and oil marketing companies are among key stocks to track today amid results announcement and rising crude oil prices.
Q1FY27 aviation preview: Key monitorables, Elara Capital said, are the extent of impact on international operations and rise in fuel/non-fuel costs from lower aircraft utilisation & rupee weakening
The sentiment was further hit by a rise in crude oil prices after the US military launched airstrikes against Iran and reimposed crude sales sanctions
Q1 earnings preview: ICICI Securities said that OMCs could report significant losses, driven by higher retail fuel losses, inventory losses and a sharp rise in LPG under-recovery.
IndiGo said the entry-level offering is aimed at passengers who do not require checked baggage, allowing them to pay only for the services they useIndiGo on Wednesday launched a new fare option, 'Indi
Analysts at Axis Securities believe Nifty's strong June rollovers suggest a likely bullish conviction for the July series.
IndiGo on Tuesday announced the resignation of its Chief Human Resources Officer Sukhjit Singh Pasricha, who has been with the airline for over eight years, and will be replaced by Kanwal Jeet Singh Bakshi. Bakshi is currently the Group Head of Human Resources at InterGlobe Enterprises. The resignation of Pasricha marks another senior-level exit at the country's largest airline, IndiGo, since the massive operational disruptions in December 2025. CEO Pieter Elbers departed in March and Head of Global Sales Vinay Malhotra is set to leave next month. Jason Heter, who was heading the Operations Control Centre (OCC) left earlier this year. In a regulatory filing on Tuesday, InterGlobe Aviation, which operates the airline under the brand IndiGo, said Pasricha has resigned and will be relieved from the services on July 19. Bakshi from InterGlobe Enterprises, the parent of InterGlobe Aviation, would take over Pasricha's role of Chief Human Resources Officer (CHRO) from July 20. Pasricha,
On Thursday, IndiGo stock rallied nearly 5% as crude oil prices dipped below US-Iran war levels. The airline stock logged its biggest monthly rally in March 2019.
IndiGo's FY26 results underlined that demand remains strong, despite a host of challenges spanning internal/external disruptions and cost escalations throughout the year, analysts say.