In 2026 so far, the stock has fallen 39%. Currently, the scrip is down 0.3% at ₹155.70 apiece. Bloomberg data showed that Ixigo’s stock is currently valued at 89.5 times.
The current stock valuation already reflects strong travel demand, said Ashwini Shami, smallcase manager, president and chief portfolio manager at OmniScience Capital.
“What the market may not be fully pricing in, however, is the potential disruption from new AI-native entrants that could reimagine and optimize the entire travel booking ecosystem,” Shami said.