Analysts warn of up to 16% further downside for IndiGo amid operational turmoil

IndiGo’s stock is facing pressure from widespread flight cancellations. These disruptions are expected to affect revenue and profits in the coming quarter. Analysts suggest further stock drops are possible if the cancellations persist. Investors are advised to wait for clarity on the situation. The company’s ability to restore operations will be key to its stock’s future performance.

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