New Delhi, March 20 -- The Interglobe Aviation Ltd stock (IndiGo) soared to a 52-week high of Rs.5,190 on Thursday, reacting to the management's upbeat commentary and growth plans at its analyst day.

Among the key highlights was that the air travel boom led by the Mahakumbh gathering and an extended wedding season could give a big boost to its profit in the March quarter (Q4FY25). The quarter is likely to be better than anticipated due to higher passenger revenue per available seat kilometre (PRASK) on 17% year-on-year growth in the number of passengers.

Since the Mahakumbh event, which began in Uttar Pradesh on 13 January, the Indigo stock has risen by 25%. In the last year, it has fetched 58% returns, beating the benchmark index, the ...