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.”

En Okunan haberler

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

Feragatnameyi okuyun : Burada sunulan tüm içerikler web sitemiz, köprülü siteler, ilgili uygulamalar, forumlar, bloglar, sosyal medya hesapları ve diğer platformlar (“Site”), sadece üçüncü taraf kaynaklardan temin edilen genel bilgileriniz içindir. İçeriğimizle ilgili olarak, doğruluk ve güncellenmişlik dahil ancak bunlarla sınırlı olmamak üzere, hiçbir şekilde hiçbir garanti vermemekteyiz. Sağladığımız içeriğin hiçbir kısmı, herhangi bir amaç için özel bir güvene yönelik mali tavsiye, hukuki danışmanlık veya başka herhangi bir tavsiye formunu oluşturmaz. İçeriğimize herhangi bir kullanım veya güven, yalnızca kendi risk ve takdir yetkinizdedir. İçeriğinizi incelemeden önce kendi araştırmanızı yürütmeli, incelemeli, analiz etmeli ve doğrulamalısınız. Ticaret büyük kayıplara yol açabilecek yüksek riskli bir faaliyettir, bu nedenle herhangi bir karar vermeden önce mali danışmanınıza danışın. Sitemizde hiçbir içerik bir teklif veya teklif anlamına gelmez