InterGlobe Aviation Share Price Gains Over 3% on ECLGS Approval

Written by: Team Angel OneUpdated on: 6 May 2026, 5:38 pm IST
IndiGo shares increased by nearly 3% following the approval of ECLGS 5.0, which includes ₹5,000 crore support for the aviation sector.
InterGlobe Aviation Share Price
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As per The CNBCTV18 report, IndiGo shares experienced a rise of over 3% following the government's approval of the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0.  

This scheme, which includes a ₹5,000 crore allocation specifically for the aviation sector, aims to provide financial support amid ongoing global tensions. 

Government's ECLGS 5.0 Approval 

The recent approval of ECLGS 5.0 by the Cabinet includes a total outlay of ₹18,100 crore. This initiative is designed to help small businesses withstand the economic impact of global events, ensuring resilience in domestic production.  

A significant portion of this outlay, ₹5,000 crore, is earmarked for the struggling aviation sector. 

Impact on the Aviation Sector 

The ₹5,000 crore support for the aviation sector under ECLGS 5.0 is expected to provide much-needed relief. The scheme offers moratorium periods of up to 2 years, allowing companies to recover their cash flow and stabilise operations.  

This targeted support comes at a crucial time, as the sector faces challenges due to geopolitical tensions. 

IndiGo's Market Performance 

Following the announcement, IndiGo shares saw a rise of nearly 3%. This positive market response reflects investor confidence in the government's measures to support the aviation industry.  

The financial assistance provided through ECLGS 5.0 is anticipated to bolster the sector's recovery efforts. 

Read More: IndiGo Brings in Ex-Airbus Executive Jochen Hoesch to Head AI, Data Strategy! 

InterGlobe Aviation Share Price Performance 

As of May 06, 2026, at 10:15 AM, InterGlobe Aviation share price on NSE was trading at ₹4,375.60 up by 3.24% from the previous closing price. 

Conclusion 

The approval of ECLGS 5.0, with its specific focus on the aviation sector, has positively impacted IndiGo shares. The scheme's financial support and flexible terms are expected to aid the sector's recovery amidst ongoing global challenges. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: May 6, 2026, 12:07 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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