4 reasons Indigo is this week's stock pick

Helped by the resumption of international air travel, easing of flight capacity restrictions and strong passenger yield, low-cost airline company InterGlobe Aviation (Indigo) reported strong revenue growth of 328% y-o-y and 60% q-o-q in the first quarter of 2022-23. It also managed to narrow its net loss in both periods. Though the performance in the second quarter of 2022-23 may be muted due to seasonality, weak rupee and higher fuel costs,