InterGlobe Aviation share price: Investec said the recent surge appears driven by macro sentiment and speculation around index inclusion rather than business strength.
Shares of InterGlobe Aviation (IndiGo) cracked as much as 6 per cent during the trading session on Friday on the back of multiple reasons which may impact its performance in the near-term.
InterGlobe Aviation share price: The stock fell 4.49 per cent to hit a low of Rs 5,230.50 on NSE, with the stock clocking a turnover of Rs 13,789.12 crore by 10.15 am. IndiGo shares have surged 18 per cent in 2025 so far.
The recent rally in IndiGo shares was led by strong demand and growth in airfare in Q4FY25. This was led by the Maha Kumbh festival, softening crude oil price and strengthening rupee.
An analyst from Axis Securities said that Mankind Pharma has been consolidating within a range since February 2025, indicating a sideways trend.
MOFSL has upgraded InterGlobe Aviation (IndiGo) to a Buy rating due to favourable domestic demand and lower Brent crude prices.
Kotak suggested a fair value of Rs 5,700 on the stock. Nuvama Institutional Equities has raised its FY25–27 EPS by 8–13 per cent on positive guidance. This brokerage finds InterGlobe worth Rs 4,768 apiece.
An analyst from YES Securities said that IndiGo has witnessed a surge in price and volume during the last trading session, breaking out from its downward sloping line on the daily chart.
An analyst from Master Capital said that Prices of IndiGo have witnessed a strong bullish momentum, currently attempting a breakout from a contracting wedge pattern.
An analyst from Master Capital said that ICICI Bank has displayed a strong bullish reversal pattern on the daily chart after bouncing off the critical support, coinciding with the 200-day EMA.
An analyst from StoxBox said that Yes Bank's technical structure suggests significant weakness as it is consistently making lower lows and lower highs, indicative of a strong bearish trend.