INDIGO.NS vs. BAJFINANCE.NS
INDIGO.NS (InterGlobe Aviation Limited) and BAJFINANCE.NS (Bajaj Finance Limited) are both stocks. INDIGO.NS operates in Airlines (Industrials), while BAJFINANCE.NS operates in Credit Services (Financial Services). Over the past 10 years, INDIGO.NS returned 17.52%/yr vs 29.85%/yr for BAJFINANCE.NS. At a 0.26 correlation, their price movements are largely independent.
Performance
INDIGO.NS vs. BAJFINANCE.NS - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with INDIGO.NS having a -6.91% return and BAJFINANCE.NS slightly lower at -6.94%. Over the past 10 years, INDIGO.NS has underperformed BAJFINANCE.NS with an annualized return of 17.52%, while BAJFINANCE.NS has yielded a comparatively higher 29.85% annualized return.
INDIGO.NS
- 1D
- 4.60%
- 1M
- 10.67%
- YTD
- -6.91%
- 6M
- -3.10%
- 1Y
- -13.86%
- 3Y*
- 26.33%
- 5Y*
- 21.37%
- 10Y*
- 17.52%
BAJFINANCE.NS
- 1D
- 5.49%
- 1M
- 2.47%
- YTD
- -6.94%
- 6M
- -9.73%
- 1Y
- -1.98%
- 3Y*
- 9.74%
- 5Y*
- 9.36%
- 10Y*
- 29.85%
INDIGO.NS vs. BAJFINANCE.NS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
INDIGO.NS InterGlobe Aviation Limited | -6.91% | 11.28% | 53.49% | 47.79% | -0.49% | 17.07% | 29.23% | 14.82% | -2.72% | 50.66% |
BAJFINANCE.NS Bajaj Finance Limited | -6.94% | 46.42% | -5.95% | 12.40% | -5.07% | 32.19% | 25.62% | 60.66% | 51.09% | 119.91% |
Correlation
The correlation between INDIGO.NS and BAJFINANCE.NS is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2015 | 0.26 |
The correlation between INDIGO.NS and BAJFINANCE.NS shifts across timeframes, from 0.26 (all time) to 0.37 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
INDIGO.NS vs. BAJFINANCE.NS — Risk / Return Rank
INDIGO.NS
BAJFINANCE.NS
INDIGO.NS vs. BAJFINANCE.NS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for InterGlobe Aviation Limited (INDIGO.NS) and Bajaj Finance Limited (BAJFINANCE.NS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| INDIGO.NS | BAJFINANCE.NS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.37 | ||
| Sortino ratioReturn per unit of downside risk | -0.53 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.01 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.39 | -0.08 | -0.32 |
| Martin ratioReturn relative to average drawdown | -0.77 | -0.18 | -0.59 |
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Drawdowns
INDIGO.NS vs. BAJFINANCE.NS - Drawdown Comparison
The maximum INDIGO.NS drawdown since its inception was -54.65%, smaller than the maximum BAJFINANCE.NS drawdown of -90.67%. Use the drawdown chart below to compare losses from any high point for INDIGO.NS and BAJFINANCE.NS.
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Drawdown Indicators
| INDIGO.NS | BAJFINANCE.NS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.65% | -90.67% | +36.02% |
Max Drawdown (1Y)Largest decline over 1 year | -35.94% | -26.74% | -9.20% |
Max Drawdown (3Y)Largest decline over 3 years | -35.94% | -26.74% | -9.20% |
Max Drawdown (5Y)Largest decline over 5 years | -35.94% | -33.36% | -2.58% |
Max Drawdown (10Y)Largest decline over 10 years | -54.65% | -62.35% | +7.70% |
Current DrawdownCurrent decline from peak | -23.49% | -16.07% | -7.42% |
Average DrawdownAverage peak-to-trough decline | -16.95% | -16.96% | +0.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.29% | 11.27% | +7.02% |
Volatility
INDIGO.NS vs. BAJFINANCE.NS - Volatility Comparison
InterGlobe Aviation Limited (INDIGO.NS) and Bajaj Finance Limited (BAJFINANCE.NS) have volatilities of 8.94% and 8.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| INDIGO.NS | BAJFINANCE.NS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.94% | 8.60% | +0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 28.31% | 22.61% | +5.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.70% | 29.04% | +3.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.93% | 27.95% | +3.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.53% | 35.84% | -0.31% |
Dividends
INDIGO.NS vs. BAJFINANCE.NS - Dividend Comparison
INDIGO.NS's dividend yield for the trailing twelve months is around 0.21%, while BAJFINANCE.NS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BAJFINANCE.NS Bajaj Finance Limited | 0.00% | 1.13% | 1.06% | 0.82% | 0.61% | 0.29% | 0.38% | 0.28% | 0.30% | 4.10% | 0.00% |
INDIGO.NS InterGlobe Aviation Limited | 0.21% | 0.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.37% | 0.51% | 2.82% | 1.83% |
Financials
INDIGO.NS vs. BAJFINANCE.NS - Financials Comparison
This section allows you to compare key financial metrics between InterGlobe Aviation Limited and Bajaj Finance Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
INDIGO.NS and BAJFINANCE.NS have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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