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IndiGo shares soar, leading the Nifty 50 pack

Business

IndiGo's parent company saw its stock jump 3% on Monday, making it the top performer among Nifty 50 companies.
The share price hit ₹5,014 before settling at ₹4,976.50—capping off a year where IndiGo's value has climbed 12.14%.

Why does this matter?

If you're following big moves in Indian business, IndiGo is one to watch.
Their market cap now stands at ₹1.93 trillion and they pulled in over ₹200 billion revenue last quarter—even after some turbulence in the aviation sector.

What's fueling the rise?

Analysts like Elara Capital are optimistic about IndiGo's future, pointing to steady aircraft deliveries and strong domestic demand.
With pilot shortages easing, their growth strategy seems to be paying off.