New Delhi, Sept. 29 -- InterGlobe Aviation, the parent company of IndiGo, remained in focus on Tuesday, September 29, after Goldman Sachs reiterated its 'Buy' rating on the airline and retained its target price of Rs.5,900. The brokerage's target price implied an upside of more than 21% from IndiGo's previous closing price of Rs.4,874.50, putting the airline stock back on investors' radar despite recent weakness.

According to media reports, Goldman Sachs remained positive on IndiGo's long-term growth prospects, pointing to several factors supporting its view, including the airline's sustained market share gains, favourable capacity dynamics in the domestic aviation industry, cost leadership and significant growth potential in its interna...