Synopsis:
The shares of this aviation company are in focus today after the BSE index services announced that the company will be added to the 30-stock Sensex index
This company, which is India’s largest passenger airline operator, had its shares in the spotlight today following the breakout of the news pertaining to the replacement of the Tata Group stock with InterGlobe Aviation in the Sensex index.
With the market cap of Rs 2,26,261 crore, the shares of Interglobe Aviation Ltd Rose about 2 per cent and made a high of Rs 5,953 from its previous day’s closing price of Rs 5,840. The shares are trading at a PE of 44.7, whereas its industry PE is 21.1, and have given a return of 286% over the last 5 years.
About the Sensex rejig and others
IndiGo’s parent, InterGlobe Aviation, is set to replace Tata Motors’ passenger vehicle business in the Sensex, putting the spotlight firmly on aviation stocks. With its entry into the benchmark index, the stock is likely to attract more investor attention and stronger fund flows, giving the airline even greater visibility in the market. For Tata Motors PV, the exit reflects a recalibration as the company’s evolving product cycle and business structure continue to reshape its market position.
The upcoming Sensex reshuffle on December 22 marks a notable change in the index’s sector mix, as aviation steps in to replace automobiles. IndiGo’s entry signals how market leadership is shifting, with investors increasingly recognising the strength and scale of the aviation sector. This update reflects how India’s equity landscape continues to evolve, with newer categories gaining prominence as older ones adjust to changing industry trends.
Meanwhile, BSE has also rolled out several other index changes as part of its regular rebalancing exercise. IDFC First Bank will join the BSE 100 in place of Adani Green Energy, while Max Healthcare Institute moves into the Sensex 50, replacing IndusInd Bank. These adjustments ensure that the indices stay aligned with current market realities and company performances.
Financials and others
The revenue from operations for the company is Rs 18,555 crore in Q2 FY26 versus Rs 16,970 crore in Q2 FY25, which is an increase of 9 per cent on a YoY basis. However, the company still reported a loss in both the Q2 results. The shares have an ROCE and ROE of 17.3% and 104%, respectively.
IndiGo, has grown into India’s most trusted and widely preferred airline by keeping its service simple, reliable, and affordable. With a fleet of 400+ aircraft, the airline connects travellers to 90 destinations in India and 40 globally, operating over 2,300 daily flights. IndiGo’s focus on punctuality and a seamless travel experience has helped it serve 750 million+ passengers and achieve a commanding 62.7% market share. Its consistent performance, vast network, and customer-first approach make it a standout leader in India’s aviation industry.
Written by Leon Mendonca
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