Explore the top aviation stocks in India, contributing to the country's thriving aviation sector and offering exposure to this fast-growing market.
India is the third-largest domestic aviation market, driven by increasing incomes, low-cost carriers, and infrastructure investments. Let’s look at the companies that have the largest market cap in this sector.
Market Cap: ₹1,71,202 Crore InterGlobe Aviation, operating as IndiGo, is India's largest airline, known for its extensive domestic and international network. It is headquartered in Gurugram and is a low-cost carrier offering connectivity to over 100 destinations. Data as of 23rd December 2024. Source – NSE
Market Cap: ₹7,290 Crore SpiceJet, based in Gurugram, is a key player in India's low-cost airline segment. Known for its affordability, SpiceJet connects passengers to various domestic and international destinations. Data as of 23rd December 2024. Source – NSE
Market Cap: ₹399 Crore Global Vectra Helicorp Limited (GVHL) is India's largest private helicopter company, offering services to the offshore oil and gas industry, state governments, and other specialized sectors. Data as of 23rd December 2024. Source – NSE
The Indian aviation industry continues to evolve, creating opportunities for airlines and related services. Companies like IndiGo, SpiceJet, and GVHL contribute significantly to connectivity and economic activity.