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Tremendous takeoff of the ‘King of the Sky’ in the stock market! Earned 10800 crores like this

Sanjeev Kumar | May 7, 2026 1:24 AM CST

indigo flight

On Wednesday, amidst the huge fall in crude oil prices and the announcement of credit line for airlines affected by the West Asia conflict, the aviation sector rose by 7 percent due to heavy buying by investors. In particular, the shares of InterGlobe Aviation, the parent company of the country's largest aviation company IndiGo, saw an increase of about 7 percent. Due to which there has been an increase of more than Rs 10,800 crore in the valuation of the company. Let us also tell you how much increase has been seen in the shares of InterGlobe Aviation in the stock market.

Tremendous increase in company's shares

Shares of IndiGo's parent company InterGlobe Aviation jumped 6.60 percent to close at Rs 4,519.55 on BSE. During the day, the stock rose 7.64 percent to Rs 4,563.75. However, the company's shares had opened with a rise at Rs 4,354.65. Whereas a day earlier the shares of the company closed at Rs 4,239.55. However, the 52 weeks high of the company is Rs 6,225.05. Whereas the company's 52-week lower level was seen at Rs 3,894.80. On the other hand, SpiceJet shares closed at Rs 12.70, up 4.96 percent.

Indigo profit of Rs 10,800 crore

Due to the rise in the shares of Indigo, there has been a huge increase in the valuation of the company. If we look at the figures, the valuation of IndiGo was Rs 1,63,924.74 crore a day ago, which increased to Rs 1,74,751.11 crore today i.e. on Wednesday. This means that there was an increase of Rs 10,826.37 crore in the valuation of the company. If experts are to be believed, an increase in valuation may be seen in the coming days due to increase in the company's shares.

Why did the shares rise?

Global oil benchmark Brent crude fell 10.50 percent to $ 98 per barrel. The government on Tuesday announced an Emergency Credit Line Guarantee Scheme (ECLGS) with an outlay of Rs 18,100 crore to provide relief to MSMEs and airlines affected by the West Asia conflict. The scheme – which is expected to provide additional credit flow of Rs 2.55 lakh crore, including Rs 5,000 crore to airlines – was approved by the Union Cabinet on Tuesday.

Information and Broadcasting Minister Ashwini Vaishnaw told reporters on Tuesday that ECLGS 5.0, with an outlay of Rs 18,100 crore, will help airlines as well as MSMEs affected by the West Asia crisis. He said, “This scheme has been brought to remove the tension created in the MSME and airline sectors due to the West Asia conflict.”

Hariprasad K, research analyst and founder of Livelong Wealth, said that oil-sensitive sectors performed better. IndiGo, BPCL, Asian Paints and Pidilite gained due to fall in crude oil prices, which directly impacts input cost dynamics and margin improvement.

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