INDIGO

Indigo has corrected significantly from its peak due to rising fuel costs, yet DIIs have nearly doubled their stake from 13% to 28%. Promoter holdings dropped as institutions absorbed the shares, while public shareholding remains minimal at 5%. With a new CEO, expanding fleet, and growing reserves, the fundamentals look solid for the long term. Funds like SBI Equity Hybrid and NPS Trust are buying heavily. This suggests smart money views the current dip as a prime entry point for a dominant low-cost carrier poised for future growth.