IndiGo Crisis: Indigo, the airline company which controls about 60 percent of the country’s domestic flights, is currently going through a serious crisis. The situation became so bad that the government had to intervene and DGCA issued a notice to the company. The same issue was also raised by the Congress party in the Lok Sabha on Monday. Due to continuous flight cancellations, delays and passenger complaints for the past one week, there was a negative sentiment in the market about IndiGo, which had a direct impact on its shares. There was a huge fall of up to 7 percent in Indigo shares during intra-day trading.

Big fall in Indigo shares

However, the airline says that it is trying to increase the number of flights and rapidly improve its on-time performance. Meanwhile, global brokerage firm Jefferies has described IndiGo’s current crisis as a “buying opportunity” for investors. Jefferies on Indigo’s shares buy While giving rating, target price has been fixed at Rs 7,025, which shows a possible gain of about 31 percent from the current price. According to the firm, regulatory changes made by the government and some operational shortcomings are responsible for IndiGo’s situation.

The airline company is trying for speedy recovery. IndiGo operated 1,650 flights on Sunday, whereas the number was 1,500 a day earlier. On-time performance also increased from 30 percent to 75 percent. Earlier, on December 5, the company had to cancel more than 1,000 flights in a single day. To handle the situation, Indigo took action over the weekend. Crisis Management Group (CMG) Formed, in which all key board members and senior leadership were included.

Airlines are recovering fast

CMG reviewed the operational situation through frequent meetings, while IndiGo CEO Peter Elbers, in a message to passengers, acknowledged that December 5 was an extremely challenging day for the company, when about 60 percent of daily flights had to be cancelled.

Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)

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Stock Market News India: The trading month of December in the Indian stock market is very important for Indio Airlines. The country’s largest airline Indigo (InterGlobe Aviation) is going to join the 30-share BSE Sensex index from December 22. Whereas Tata Motors Passenger Vehicle Limited is being excluded from Sensex.

According to information received from media reports, BSE Index Services Private Limited has taken this decision to restructure its indices. Which will come into effect from Monday, December 22.

What changes happened?

Apart from the inclusion of IndiGo in the 30-share BSE Sensex, it has been decided to include IDFC First Bank Limited in the BSE 100, while Adani Green Energy Limited will be out of it. Also, Max Healthcare Institute Limited will be added to Sensex 50 and IndusInd Bank has been shown the way out.

IndusInd Bank and IDFC First Bank will be included in BSE Sensex Next 50. At the same time, it has been decided to exclude Max Healthcare Institute and Adani Green Energy from it.

Rise in Indigo shares

On Friday, November 21, the last trading day of the week, there was a rise in the shares of Indio i.e. InterGlobe Aviation. Shares of the company closed at Rs 5840.25 on BSE with a rise of 0.92 percent or Rs 53.40. During the trading day the shares of the company had reached a high level of Rs 5871.65.

Whereas, the low level was Rs 5757.00. Talking about the 52-week high level, the shares of the company had reached the figure of Rs 6225.05. The company’s shares ended the day trading at Rs 5835.00 on NSE. A rise of 0.86 percent or Rs 49.50 was recorded in the company shares.

Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)

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Indigo shares: Indigo airline shares will remain in focus on August 28 as its co-founder Rakesh Gangwal has planned to sell his share of 3.1 percent in Interglob Aviation for $ 801 million (about Rs 7,027.7 crore) through a block deal.

According to the Economic Times report, the sale of 1.21 crore shares under the proposed sale will be at a minimum price of Rs 5,808 per share, which is about four percent less than Tuesday’s closed price (Rs 6,050). Goldman Shakes, Morgan Stanley India and JP Morgan India have been appointed brokers for this deal.

The share will remain so after the deal

Let us know that the total stake of Gangwal and Chunkarpu Family Trust in Interglobe Aviation was 7.81 percent till June 2025. Whereas after this deal, it will now be reduced to 4.71 percent. The trust has Shobha Gangwal and JP Morgan Trust Company of Delaware Trustees.

Constantly decreasing stake

In February 2022, Gangwal resigned from the board after being told by another co-founder Rahul Bhatia on issues related to the company’s operation. At that time, Gangwal and their respective institutions had about 37 percent stake in the company. Since then, he and his wife Shobha Gangwal have been continuously reducing their stake through several block deals.

He also sold 5.72 percent stake in May 2025 for around Rs 11,564 crore. Earlier, stake was sold in August 2024, February 2023, August 2023 and September 2022. According to the ET report, according to the terms of the deal, the family agreed to the 150-day lock-up period on the sale of shares.

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