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It has grown from 18 planes to over 160 and operates over a thousand daily flights. Its top line grew 8 fold in the past decade.IndiGo is expecting deliveries of 400 plus narrow bodied planes and plans to place an order for wide bodied planes for its proposed low cost, long haul operations to various destinations, including Europe. While it may not be clear to us what the reasons behind Ghosh’s exit might be, we can be certain, that this company has many growth tailwinds and we will drive that ride with accumulating at any correction with target of Rs 1610..

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