IndiGo
Shares of Interglobe Aviation, which operates IndiGo, have shown strong momentum recently. The stock is anticipated to potentially reach ₹5000 soon, prompting discussions on whether investors should hold or sell their shares. Over the past month, the stock has surged nearly 12%. IndiGo and Max Healthcare are set to enter the Nifty 50 index, replacing Hero MotoCorp and IndusInd Bank. These changes will be effective from September 30. IndiGo had an average free-float market capitalization of ₹1.13 lakh crore, making it eligible for the elevation.
However, IndiGo's Q2 is expected to be soft, but a smooth takeoff is expected in the second half. In Q1, IndiGo's net profit dropped 20% to ₹2,176.3 crore, even though revenue was up 4.7%. IndiGo hinted at a capacity cut in Q2.
Max Healthcare
Max Healthcare Institute is also in the news as it is set to enter the Nifty 50 index on September 30, replacing Hero MotoCorp and IndusInd Bank. This change reflects the company's free-float market capitalization. Nuvama Alternative & Quantitative Research predicts Max Healthcare's inclusion will drive significant passive inflows. If included, Max Healthcare could see $400 million in passive inflows.
The hospital sector, in general, is positioned for double-digit growth. The sector's growth is supported by demand, bed expansions, and operational efficiencies. India's hospital sector demonstrates strong momentum, with double-digit revenue and EBITDA growth. Max Healthcare is a top pick in the sector.
Max Healthcare posted strong Q1FY26 results. Revenue reached ₹24.5 billion (+27% year-over-year), and EBITDA was ₹6.2 billion (+25% year-over-year), generally meeting expectations. However, PAT at ₹3.7 billion (+20% year-over-year) missed estimates due to higher depreciation and tax.
IDBI Bank
IDBI Bank's divestment is gaining pace as SEBI has approved the reclassification of LIC as a public shareholder post disinvestment. IDBI Bank disclosed that SEBI approved the reclassification of LIC as a 'public shareholder'. This reclassification is subject to the condition that LIC's voting rights in the bank are not more than 10% of the total voting rights. LIC cannot directly or indirectly exercise control over IDBI Bank's affairs, have any special rights, and shall not represent on the bank's board of directors. After the strategic divestment, LIC must reduce its residual shareholding in IDBI Bank to 15% or lower within two years of the closing date.
IDBI Bank shares closed 2.67% lower at ₹95 after Friday's stock market session. However, the shares have gained 23.54% YTD in 2025 and are trading 7.55% higher in the last five market sessions.
Indian Hotels
Indian Hotels Company (IHCL) shares surged following the announcement of acquiring stakes in ANK Hotels and Pride Hospitality for ₹110 crore and ₹94 crore, respectively. These acquisitions will add 135 hotels under the Clarks Hotels & Resorts brand, with many to be rebranded as Ginger hotels.
The Indian Hotels Company is trading in sync with the move. Following a sustained upleg, it has been coiling in a contracting range (symmetrical triangle style) with a sequence of lower highs and higher lows—classic trend-continuation behaviour. The stock is pressing the upper trendline; a decisive weekly close above this belt, ideally on expanding volume, would confirm breakout and re-ignite the uptrend.
Analysts at ICICI Securities recommend a 'Buy' rating on ITC Hotels with a target price of ₹282 per share. Motilal Oswal Financial Services has reiterated its 'Buy' rating on IHCL with a SoTP-based target price of ₹900.
