IndiGo Becomes India's First Airline to Touch ₹1 Lakh Crore Market Cap

InterGlobe Aviation Ltd, the operator of Indigo, achieved a market capitalization (Mcap) of over ₹1 trillion on June 28.

[{"selector":"#anim-2926994b-7e8f-4e4e-b712-9451ab874fdf [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-17.35912286255264%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-1a2022fd-1d95-48f9-bdb9-92674edac4d0","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-402e13db-f9dd-45d9-bec9-08aaa4a551ac","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] image credi goes to respective owner

Indigo's stock reached a 52-week high of ₹2,634.25 on the BSE, reflecting a market value of ₹1.01 trillion.

[{"selector":"#anim-ed2573d6-f8f3-45e2-8b3a-00305d754237 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-16.10912283165286%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-ce6eb1f5-90f2-463e-9b06-282205a8b8eb","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-94d7682c-3966-4bca-ad1b-52ddf4e9b35b","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] image credi goes to respective owner

Indigo's market share increased by 60% in May, reaching 61.3% after consecutive monthly gains.

[{"selector":"#anim-2da50e24-1b3a-4014-8e12-425f830b2e07 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-19.038810349430076%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-ce6a3f3c-f0d1-484d-a72b-8edf7fb25266","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-0a21ea45-8503-476b-b8b2-9ab70c0020a7","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] image credi goes to respective owner

Indigo recently placed a historic order for 500 Airbus A320 Family aircraft valued at $50 billion.

[{"selector":"#anim-6aedf0b8-42ee-416d-864b-0fb6a4ceba1a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-13.746109118684046%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-159299aa-b7ec-485d-9cfe-ea1bbc0a4c7c","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-defd6d81-87cf-4089-b8b6-8e9fa0b9aff9","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] image credi goes to respective owner

The actual cost of the aircraft order is expected to be significantly lower due to substantial discounts.

[{"selector":"#anim-f9c9b76e-9e72-4dc7-b2ed-592bce439568 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-34.06693523169753%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-54c03e7d-1e0d-47c7-80e5-fdea870c8aa4","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-abc534ae-c082-41ee-982d-5eb59843aaf5","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] image credi goes to respective owner

Indigo's order includes A320 neo, A321 neo, and A321 xlr aircraft, totaling 1,330 aircraft ordered from Airbus since 2006.

[{"selector":"#anim-3886683c-790d-4430-af32-e293e069037d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-19.042946378866944%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-2e32280f-3e50-4051-915b-45b41bb444f9","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-a74fb834-772b-4a83-a584-e61b11b88691","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] image credi goes to respective owner

Indigo prioritizes fuel-efficient A320NEO Family aircraft to reduce operating costs, improve fuel efficiency, and maintain reliability.

[{"selector":"#anim-cdb46c24-6528-4bd8-8e67-4413a9842483 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-19.041622849447144%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-3826e78b-9732-4818-9054-e60384760dba","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-5a1b04ff-4293-48a3-afe1-d086ba4c5b02","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] image credi goes to respective owner

UBS, a global brokerage firm, raised Indigo's target price and maintained a 'buy' rating, citing an improved outlook with strong demand, increased passenger load factors, higher yields, lower fuel costs, and efficient operations.

[{"selector":"#anim-cc8121fc-4d2a-458f-a7a6-37d21466b641 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-2.837718792946947%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-60404fdb-85ed-47d5-a584-ed01d86323d3","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-8aca6711-c885-4543-bf40-de50c5dd95e0","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] image credi goes to respective owner Learn more

How NASA Recycles Water on the ISS A 98% Success Story

[{"selector":"#anim-4b9401ed-c65d-4250-b8eb-cab95fedcd38 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-52.1694821796378%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-b554d2c6-4c0b-4ddc-8213-3fba3a940709","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-6d9693fb-028b-4d73-85ab-88ca332c3bde","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-5b529d96-3698-4433-83ad-0c3de94726c5","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-4391b706-42d9-4994-88c5-d3a6ae75466c","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] image credi goes to respective owner Learn more

IndiGo Becomes India's First Airline to Touch ₹1 Lakh Crore Market Cap

IndiGo Becomes India's First Airline to Touch ₹1 Lakh Crore Market Cap

InterGlobe Aviation Ltd, the operator of Indigo, achieved a market capitalization (Mcap) of over ₹1 trillion on June 28.

Indigo's stock reached a 52-week high of ₹2,634.25 on the BSE, reflecting a market value of ₹1.01 trillion.

Indigo's market share increased by 60% in May, reaching 61.3% after consecutive monthly gains.

Indigo recently placed a historic order for 500 Airbus A320 Family aircraft valued at $50 billion.

The actual cost of the aircraft order is expected to be significantly lower due to substantial discounts.

Indigo's order includes A320 neo, A321 neo, and A321 xlr aircraft, totaling 1,330 aircraft ordered from Airbus since 2006.

Indigo prioritizes fuel-efficient A320NEO Family aircraft to reduce operating costs, improve fuel efficiency, and maintain reliability.

UBS, a global brokerage firm, raised Indigo's target price and maintained a 'buy' rating, citing an improved outlook with strong demand, increased passenger load factors, higher yields, lower fuel costs, and efficient operations.

How NASA Recycles Water on the ISS A 98% Success Story

How NASA Recycles Water on the ISS A 98% Success Story

Next :

Next :