The number of Indians travelling abroad for education fell from 908,364 in 2023 to 770,127 in 2024 and 626,606 in 2025.
Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.
'Even last year, when India bought gold, the physical quantity was much less than the previous years.'
'In the long run, India's strong growth story and reforms to make assets globally attractive will determine the rupee's resilience.'
Given their growth prospects and reasonable valuations, Mindtree, Hexaware and NIIT remain top picks of most analysts.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!