“This (IndiGo) has to be the allocation stock and could be one of the best performing stocks in 2025,” Jani remarked in his interaction underscoring the potential upside for investors looking to capitalize on growth in the aviation sector.
“The way the current positioning of InterGlobe is, plus the incremental triggers are that you have two new airports which are going to be operational, one in Navi Mumbai and one in Noida and that will bring additional traffic,” Jani said. He emphasized that IndiGo, with a dominant market share of over 60%, stands to benefit the most from the increased passenger flow once these airports become functional.
He also noted that the crude prices are relatively stable and in terms of additional aircrafts, they are doing much better than some of the incumbent players, suggesting that operational efficiency and cost stability further strengthen the stock’s appeal.
Earlier in February too, Jani, in his interaction with ETNow, had stated his clear preference for IndiGo over SpiceJet, pointing out that while SpiceJet has shown promise, its prolonged struggles in demonstrating operational performance and lack of transparency in sharing key data remain concerning.
He highlighted how InterGlobe has been the best play in the aviation sector, with a strong growth trajectory.
IndiGo share target price
In a very recent report by domestic brokerage firm Kotak Institutional Equities, the stock’s target price has been increased to Rs 5,700 from Rs 5,400 along with a ‘buy’ rating.
The brokerage firm stated that IndiGo is expected to expand its long-haul international routes to Europe, capitalizing on capacity gaps left by key European airlines shifting focus to transatlantic routes. With a growing demand for direct connections, IndiGo is well-positioned to benefit from its experience with codeshares, upcoming aircraft additions beyond narrow-bodied planes, and a strong domestic network to support international expansion.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
