Coinpaper 2026-02-25 13:44:54

SpiceJet Stock Price Drops to Lowest Level in 11 Years as 8% of Equities Change Hands

The stock price of the Indian low-cost airline SpiceJet plunged to a record low on Wednesday after 8.4% of its equity was traded in the market. Block Trade The company’s stock became one of the most active during the session as 128.6 million shares changed hands through 17 block deals. Large, clustered transactions such as this could be an indicator that a major shareholder is accumulating or liquidating positions. The price of SpiceJet dipped to a low of ₹12.88, the lowest in over 11 years, amid the heavy trading. At time of writing, the stock saw some recovery and is trading for ₹14.48, up by 1.19% from the previous close of ₹14.31. Revenue Growth and Expansion Plans The stock’s price is struggling even after the company reported a significant increase in revenue during the quarter ending in December 2025. “SpiceJet reported strong operating momentum in the third quarter of FY26, marked by a sharp 77% jump in revenue and a significant improvement in key operating metrics,” the company said in a statement. “The quarter reflected the airline’s steady recovery trajectory, driven by higher capacity deployment, improved yields and disciplined network execution.” The airline has also unveiled plans to grow its fleet to 55 to 60 aircraft but operational issues continue to weigh down on the carrier. Unpaid Dues SpiceJet is reportedly barred from using Bangladesh's airspace because of unpaid navigation charges. A spokesperson said that the company is working to resolve the issue amid concerns that the situation requires SpiceJet’s planes to take extended routes, which can raise the cost of fuel and operating expenses. “We are in regular dialogue with the relevant authorities on operational and procedural matters, including navigation-related charges,” the airline spokesperson said , according to NDTV. “These are routine industry issues, and we are working constructively towards an early resolution. Our flight operations remain unaffected, and we continue to operate our scheduled services in line with regulatory requirements.”

Наиболее читаемые новости

Bitcoin World Disrupt 2026: Final 72-Hour Win...
2026-02-25
Circle beats Q4 earnings estimates as USDC su...
2026-02-25
Jane Street BTC Sell-Offs: Explosive Theory R...
2026-02-25
Ripple National Trust Bank Approval Buzz Hits...
2026-02-25
XRP Price Increases 6% While Bollinger Bands...
2026-02-25
Nearly 50% of Bitcoin Supply Now in Loss: Thi...
2026-02-25
Bitcoin daily gains near 5% as analysis eyes...
2026-02-25
Important Binance Announcement Concerning DOG...
2026-02-25

Прочтите Отказ от ответственности : Весь контент, представленный на нашем сайте, гиперссылки, связанные приложения, форумы, блоги, учетные записи социальных сетей и другие платформы («Сайт») предназначен только для вашей общей информации, приобретенной у сторонних источников. Мы не предоставляем никаких гарантий в отношении нашего контента, включая, но не ограничиваясь, точность и обновление. Никакая часть содержания, которое мы предоставляем, представляет собой финансовый совет, юридическую консультацию или любую другую форму совета, предназначенную для вашей конкретной опоры для любых целей. Любое использование или доверие к нашему контенту осуществляется исключительно на свой страх и риск. Вы должны провести собственное исследование, просмотреть, проанализировать и проверить наш контент, прежде чем полагаться на них. Торговля - очень рискованная деятельность, которая может привести к серьезным потерям, поэтому проконсультируйтесь с вашим финансовым консультантом, прежде чем принимать какие-либо решения. Никакое содержание на нашем Сайте не предназначено для запроса или предложения