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IndiGo hits record stock high as strong financials and growth plans boost investor confidence.
IndiGo, India's leading low-cost airline, hit a record high stock price of ₹5,345, gaining 17% year-to-date.
Motilal Oswal upgraded its rating to 'buy' with a target price of ₹6,550, citing favorable domestic demand and lower crude oil prices.
The airline aims to expand its fleet to over 600 aircraft by 2030 and increase its international capacity share to 40%.
IndiGo's strong financial performance and plans for growth have boosted investor confidence.
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IndiGo alcanza un nivel récord de acciones debido a que las fuertes finanzas y los planes de crecimiento aumentan la confianza de los inversores.