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IndiGo Reiterates Its Strategic Expansion, Financial Resilience, Sustainable Growth, Says Motilal Oswal
Motilal Oswal reiterates Neutral rating on the stock with a target price of Rs 4,660, based on eight times FY27E EV/Ebitdar.
20 Mar 2025, 09:41 AM IST 
IndiGo stock is trading at ~20x FY26E EPS of Rs 248.9 and ~10 times FY26E EV/Ebitdar.(Photo Source: Company website)
IndiGo has placed one of the largest aircraft orders in global aviation history, with 925 aircraft deliveries secured (pending) until CY35. This includes the A321 XLR for mid-haul and A350 wide-body aircraft for long-haul routes, enhancing its global connectivity and fleet flexibility.
