Nischal Maheshwari believes much of the bad news for InterGlobe Aviation (IndiGo) is already priced in after its fall from ₹5,000 to ₹4,000, driven by fuel costs and international traffic issues. He would not sell at current levels and sees another 5-10% downside as a genuine buying opportunity, though the duration of conflict and international route normalization remain key uncertainties.

Nischal Maheshwari’s track record: 8 graded calls · 95% CI 14–69%

HDFC BankNeutralCalled 23 Mar 2026Graded 19 Jul 2026