Stock to watch: IndiGo shares in focus after slipping to Rs 987 crore loss in Q2. Should you invest?

Jefferies and Kotak have both maintained Buy ratings on IndiGo, with target prices set at Rs 5,100 and Rs 5,200, respectively. Despite disappointing second-quarter results influenced by peaked aircraft groundings and heightened seasonality, demand trends remain healthy. While short-term yields are affected, a focus on investments aims to enhance growth and profitability in the medium term.