IndiGo-parent shares in focus on Sensex entry replacing Tata Motors PV

Shares of InterGlobe Aviation Ltd., the operator of IndiGo, will be in focus on Monday, November 24, as the airline is set to enter the BSE's 30 stock benchmark index Sensex from December 22. Tata Motors Passenger Vehicles Ltd will be dropped from the index on the same date.

IndiGo will replace Tata Motors Passenger Vehicles Ltd. in the Sensex after the latter's exclusion, which stems from the recent demerger of its commercial vehicle and passenger vehicle businesses.

The split reduced the free float market capitalisation of the newly formed Tata Motors Passenger Vehicles Ltd., pushing it below the threshold required to remain among the top 30 constituents of the benchmark.

BSE Index Services Pvt Ltd. (formerly Asia Index Pvt Ltd.) announced the changes as part of its periodic reconstitution, which takes effect at the market open on Monday, December 22.

IndiGo recently posted a ₹2,582 crore net loss for the September quarter. Revenue rose 9.3% year on year to ₹18,555 crore, while EBITDA surged 85% to ₹3,472 crore against ₹1,873 crore a year earlier. The EBITDA margin came in at 18.7%.

Shares of InterGlobe Aviation Ltd. settled 0.86% higher at ₹5,835 on Friday. The stock is up 27% so far in 2025.