37,000 crore erased in 6 days! IndiGo shares tanked over 16%; here’s what brokerages say

InterGlobe Aviation shares plunged, wiping out over Rs 37,000 crore in market value due to operational turmoil from revised Flight Duty Time Limitations. IndiGo faced widespread flight cancellations and passenger disruptions, prompting brokerages to cut target prices amid rising costs and regulatory scrutiny.