We got investor participation from 20 different countries, which is the widest participation that we have ever received. So that goes to show the foreign investor interest.
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