IndiGo Share Price Today Rebounds From Monday's Crash, Can Its Ambitious FY 30 Growth Plan Fuel Another Rally?

IndiGo Share Price Today: Shares of InterGlobe Aviation (IndiGo) rallied during Tuesday's trading session, a day after the airline company laid out its financial year 2029-30 (FY 30) growth road map. Consequently, multiple brokerages have reiterated their bullish stance on the IndiGo share price.

IndiGO expects strong industry tailwinds as air passenger traffic is estimated to more than double over FY26-35 due to a surge in international travel and growing domestic travel. Growth projections, normalisation of international operations, easing Pratt & Whitney-related groundings, and planned fleet expansion will help the company in its expansion, noted Motilal Oswal in its report released on Tuesday, June 9.

IndiGo Share Price Outlook

The brokerage remained bullish on IndiGo share price outlook and its long-term trajectory. Despite persistent near-term headwinds due to West Asia crisis, Strait of Hormuz closure, Indian currency depreciation, etc, Motilal Oswal remains confident about IndiGo's growth strategy.

"Despite persistent near-term headwinds owing to airspace disruptions in the Middle East, high fuel costs and INR depreciation, we remain confident about INDIGO's growth strategy, anchored by India's strong domestic demand base and the company's steadily expanding international network" noted the brokerage in its report adding that its unmatched domestic network leadership, fleet expansion pipeline, etc will help in its growth.

IndiGo Share Price Target

The brokerage maintained a 'Buy' rating for IndiGo stock with a target price of Rs 5,600 per share. "We expect INDIGO to clock a CAGR of 13%/46% in revenue/EBITDAR over FY26- 28E. We value the stock at 9x FY28E EBITDAR to arrive at our TP of INR5,600. Reiterate BUY," read the Motilal Oswal report.

IndiGo Share Price Trend

The stock was trading 1.82% higher at Rs 4440.70 per share on BSE with a market capitalisation of Rs 1,71,703.00 crore. The stock had touched an intraday high of Rs 4,454.4 per share and an intraday low of Rs 4380.35 per share. The stock value has declined 13.13% in 2026 so far and by 22% in one year.

Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.