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Summary
- IndiGo’s latest market capitalization has made it the third most valuable airline company in the world.
- The airline’s stock price has gone up in the past few months.
- The Indian carrier still trails Delta Air Lines and Ryanair, which are the two most valuable airline companies globally.
IndiGo, trading as InterGlobe Aviation on the BSE and The National Stock Exchange of India (NSE), two Mumbai-based stock exchanges, has reached a market cap of INR1.466 trillion ($17.5 billion), becoming one of the most-valued airline brands in the world.
Rapid rise in stock price
Over the course of 2024, IndiGo’s share…
