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Emkay Global sees up to 26% upside for IndiGo, expects operations to normalise

Emkay Global sees up to 26% upside for IndiGo, expects operations to normalise

Emkay Global maintains a BUY on IndiGo-parent InterGlobe Aviation with a target of Rs 6,300, citing a potential 28.6% upside. The brokerage notes that recent operational disruptions caused over 4,200 cancellations, but expects normalization from December 10. …

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