Page 2 - Spicejet Stock

SpiceJet receives approval from BSE for Rs 2,242 cr capital infusion

No-frills carrier SpiceJet on Monday said it has received in-principle approval from the BSE for a Rs 2,242 crore capital infusion in the airline. The Gurugram-based airline also said that a significant portion of the fund infusion will be utilised to fuel the airline's growth, among others. SpiceJet has received in-principle approval from the BSE for the issuance of equity shares and warrants convertible into equity shares on a preferential basis, the airline said in a statement. This approval paves the way for a new fund infusion of Rs 2,242 crore in the airline, it said. A significant portion of the fund infusion will be utilised to fuel the airline's growth, expand its network and bring grounded planes back into operations, SpiceJet said. "We believe the fund infusion will open new avenues for SpiceJet, enabling us to capitalise on potential opportunities and contribute to the growth of the aviation sector in India," said Ajay Singh, Chairman and Managing Director of SpiceJet.

Analysts bet on IndiGo, SpiceJet on sustained pax growth, low oil prices

They, however, suggest staying mindful of supply chain issues, and P&W engine snags

SpiceJet initiates fresh funding of $270 mn for Go First acquisition

SpiceJet is among three companies that have shown interest in acquiring the bankrupt airline

Engine lessor and SpiceJet arrive at $2 million interim settlement: Report

The engine lessor has agreed not to pursue the stay application against SpiceJet for the time being

These 2 factors dragged SpiceJet 11% lower today after surging 19% Friday

SpiceJet stock news: The stock of SpiceJet had soared 19.4 per cent last Friday, October 13, after a report had said that Gangwal was looking to buy stake in the airline

IndiGo co-founder Gangwal in talks to buy 'sizable' stake in SpiceJet

IndiGo shares were up 0.9% in afternoon trading on Friday

TMS Ep510: Gati Shakti, foreign investment, SpiceJet's stock, Aditya L-1

How has Gati Shakti changed India's infra push? Is declining foreign investment a cause for worry? Will SpiceJet's stock rally make an emergency landing? What is Aditya L-1 mission? All answers here

Stocks to Watch today, July 13: Delta Corp, HDFC Bank, Patanjali, SpiceJet

Stocks to watch on July 13, 2023: Shares of TCS and HCL Technologies will react to Q1 earnings on Thursday.

IndiGo stock may rally to Rs 2,800, SpiceJet remains sluggish on charts

Technical chart of InterGlobe Aviation appears promising, with price action heading towards Rs 2,800. SpiceJet remains underperformer.

Jet Airways, SpiceJet hit 52-week lows, slip up to 10% in firm market

Shares of Jet Airways declined 5 per cent as uncertainty continued over the revival of the grounded air line company

Trading strategies for Aviation stocks amid Go First bankruptcy

Indigo shares may hit a new historic peak once it settles over Rs 2,200 level.

Stocks to Watch Today: Airline, Tata Steel, PSB, Airtel, Sugar, Max Health

Stocks to Watch: Shares of aviation firms, such as IndiGo, SpiceJet, Jet Airways, are likely to be in focus on May 03 after Go First filed for insolvency proceeding on Tuesday.

Indigo, SpiceJet: After a dismal 2022, will aviation stocks soar in 2023?

Indigo and SpiceJet shares must surpass these key hurdles to embark on a new trend.

SpiceJet posts highest ever quarterly loss amid high fuel prices

The airline has raised Rs 210 crore from the government's Emergency Credit Line Guarantee Scheme (ECLGS) this year

SpiceJet shares rise 2% as it enters into settlement with aircraft lessor

Shares of SpiceJet on Tuesday climbed nearly 2 per cent after the company entered into a settlement with aircraft lessor Goshawk Aviation and its affiliated entities.

SpiceJet surges on report of potential stake sale by promoter

SpiceJet shares, which have fallen nearly 24% so far this year, posted a record intra-day jump in early trade on Wednesday

SpiceJet says flight operations remain normal; shares gain over 3%

The scrip rose 3.65 per cent to end the day at Rs 38.30 apiece on BSE and during intra-day trade, it jumped 4.73 per cent to Rs 38.70.

SpiceJet says airplane aborted Mumbai takeoff due to caution alert

A SpiceJet Q400 aircraft scheduled to fly from Mumbai to Kandla aborted take off 'owing to illumination of a caution alert', the airline said in a statement

Aviation in focus: SpiceJet stock has worst showing in Asia Pacific region

A settlement with Boeing on 737 Max on outstanding claims last November was a positive trigger for the stock

Will ATF price hike, Jet Airways' return hurt IndiGo, Spicejet's stocks?

Jet Airways has crossed the 200-weekly moving average (WMA) for the first time since mid-2018, a period of almost 4 years, which indicates an underneath positive bias