IndiGo shares gain 2% after analyst meet. Why Goldman, Morgan Stanley, others see up to 38% upside?
Shares of InterGlobe Aviation, the parent of IndiGo, rose 2% to an intraday high of Rs 4,454 on the BSE on Tuesday after several domestic and global brokerages reiterated their positive outlook on the airline. The bullish stance followed the company’s analyst meet, where management highlighted strong long-term industry growth prospects despite ongoing geopolitical uncertainties…