See I have been watching this company for long time. 64% market share in domestic aviation is not small thing. No other airline in India has come anywhere close to this. Jet Airways tried, SpiceJet tried, all went down only. IndiGo is still standing strong.
What I like most is how they run the business. Low cost, single aircraft type, quick turnaround. Now they are expanding international also which is good sign. DII increasing stake here means big domestic institutions also believe in this story. They don’t put money without proper homework.
Only risk I see is fuel cost and rupee weakness. These two can hurt margins. And recently some operational issues also came. So not blind buying da. But long term, air travel in India is only going to grow. Tier 2 tier 3 cities people are also flying now. IndiGo will benefit the most from this growth only.