IndiGo share price hits fresh record high; Motilal Oswal upgrades the stock to a buy
InterGlobe Aviation (IndiGo) share price hit a fresh record high in intraday trade on BSE on Tuesday, April 15, amid strong buying in the Indian stock market. InterGlobe share price opened at ₹5,260.05 against its previous close of ₹5,151 and rose nearly 4 per cent to a record high of ₹5,345. Around 10:35 AM, IndiGo share price traded 2.66 per cent higher at ₹5,288.
IndiGo’s share price has been on the roll this year due to the aviation company’s strong growth prospects . Year-to-date, the stock has gained 17 per cent. On a monthly scale, the stock has risen over 4 per cent in April after a 14 per cent rise in March and a 4 per cent gain in February.
IndiGo plans to add one aircraft per week till 2030, with the company…