But IT is not the only part of the services exports that we are looking at. We are looking at all other segments outside IT as well, of which engineering, research, and development and the professional management consulting, those are segments that are also contributing significantly to the services exports from the country.
Jefferies views IndiGo as unique and strong franchise, raises target price to Rs 5,260
The IndiGo stock has underperformed following a significant miss in the company’s 2Q results, driven by higher costs impacting profitability. However, Jefferies expects cost normalization