IndiGo stock recovers as airline implements fuel surcharge strategy. InterGlobe Aviation shares traded 1.17 percent higher at ₹4,207 on Monday, rebounding from intraday lows following two key corporate announcements. The airline introduced a fuel surcharge on domestic and international routes effective March 14, a move analysts view as neutral near-term. Simultaneously, IndiGo adjusted West Asia operations to 252 weekly flights through March 28, citing geopolitical risks and rising operational costs. Flights to major hubs including Doha, Kuwait, and Bahrain remain suspended. Despite Monday's recovery, the stock remains under significant pressure, down 14.63 percent monthly and 17.46 percent year-to-date, substantially underperforming the Nifty 50 index. Trading volume reached 11.16 lakh shares valued at ₹469.76 crore. The stock trades well below its 52-week high of ₹6,232.
