India's IndiGo jumps on plans to ramp up international capacity share

Spicejet

19/03/2025 07:07

** Indian airline IndiGo INGL.NS climbs 3.9% to 4,992 rupees, its highest in six months

** Carrier plans to increase its international capacity share, or the proportion of its total available seat kilometres for international routes, to 40% by fiscal year 2030 from 28% currently

** Avg rating of 20 analysts on stock is "Buy", median PT is 5,233 rupees - data compiled by LSEG

** Rival SpiceJet SPJT.BO is rated "Hold" on avg

** Year-to-date, INGL up 5.5%, SPJT down ~13%

 (Reporting by Manvi Pant in Bengaluru)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))