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UBS Raises InterGlobe Aviation Price Target Amid Strong Q4 Performance

UBS has raised its target price for InterGlobe Aviation to INR 6,450 from INR 6,000, maintaining a buy rating following a strong Q4FY25 performance, where EBITDA surged 52% year-on-year to Rs 61 billion. Despite challenges like geopolitical tensions and potential contract terminations, demand for domestic travel remains robust, aided by lower fuel prices and improved operational efficiency. Analysts view any share price dips as potential buying opportunities, supported by the duopolistic nature of the Indian aviation market.
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