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Shares of Interglobe Aviation, the parent company of IndiGo, are expected to consolidate in the near term due to recent guidance cuts and operational disruptions, but long-term growth drivers remain intact. Speaking with CNBC TV18, Siddhartha Khemka, Head of Research, Wealth Management, Motilal Oswal Financial Services, advised that while short-term investors might consider other opportunities, those with a long-term horizon should continue to hold the stock.
Highlighting the current challenges, Khemka pointed to the management's decision to cut guidance for the third quarter. "There is definitely a guidance cut for Q3 by the management," he noted. This, combined with ongoing uncertainty and d

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