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Aviation Stocks Surge: IndiGo Shares Climb Over 9% in Early Trading
Aviation Stocks Soar: IndiGo Jumps Over 9% Despite Jet Fuel Price Hike
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News18
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01-04-2026, 11:00
Aviation Stocks Soar: IndiGo Jumps Over 9% Despite Jet Fuel Price Hike
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Aviation stocks saw high demand in early trade on Wednesday.
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InterGlobe Aviation, IndiGo's parent company, surged 9.41% to Rs 4,315 on the BSE.
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SpiceJet's stock also climbed 4.72% to Rs 10.20.
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Jet fuel prices more than doubled to a record Rs 2.07 lakh per kilolitre, but the increase for domestic airlines is only 8.5%.
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IndiGo announced the appointment of William Walsh, IATA chief, as its next CEO.
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