IndiGo Shares Rise 3% Despite Q2 Loss; Brokerages Maintain ‘Buy’ Ratings
INDIGO InterGlobe Aviation shares gained over 3% after IndiGo reported a Rs 2,582 crore Q2 FY26 loss, mainly due to forex impact, though revenue rose 9.3% YoY to Rs 18,555 crore. Motilal Oswal and PL Capital retained ‘Buy’ ratings with targets of Rs 7,300 and Rs 6,332, citing strong long-term demand and capacity growth outlook.
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