What is the future of SpiceJet share?

What is the future of SpiceJet share?

Tomorrow’s movement Prediction of Spicejet Limited SPICEJET as on 21 Jan 2022 appears strongly Bullish. This stock started moving upwards as soon as it opened….Munafa value: 65 as on 21 Fri Jan 2022.

Upside target 65.95
Downside target 63.1
Downside target 62.85
Downside target 62.55
Downside target 62.3

Why is SpiceJet going down?

Shares of passenger carrier SpiceJet fell over 6 percent on Friday as an overall weak market trend on renewed fear due to a new COVID-19 variant weighed on the stock. On the Bombay Stock Exchange (BSE), SpiceJet shares dropped as much as 6.36 percent to an intraday low of Rs 75.80 apiece.

What’s happening with SpiceJet?

SpiceJet Q2 net loss widens YoY to Rs Rs 561.7 crore, revenue up 27% The company had posted a loss of Rs 112.5 crore in the year-ago period. In the previous quarter (June 2021), the loss stood at Rs 729 crore.

Will SpiceJet shut down?

The MRO agreement with the Gurgaon-headquartered airline was signed in 2011. However, this doesn’t mean that the airline will shut down operations right away. The court itself has put the order in abeyance for three weeks, pursuant to SpiceJet coughing up 5 million dollars within two weeks.

Will SpiceJet go up?

Q&A about “SPICEJET” projections. At Walletinvestor.com we predict future values with technical analysis for wide selection of stocks like SpiceJet Limited. SpiceJet Limited real time quote is equal to 62.150 INR at 2022-01-21, but your current investment may be devalued in the future.

Is SpiceJet good to invest?

Spicejet Ltd., incorporated in the year 1984, is a Mid Cap company (having a market cap of Rs 5078.72 Crore) operating in Airlines sector. Yes Securities has buy call on Spicejet with a target price of Rs 98. The current market price of Spicejet Ltd. is Rs 84.55. price can reach defined target. .

Can SpiceJet survive?

The odds of SpiceJet’s survival are turning against the Gurugram-based low-cost airline with every passing day….SpiceJet’s losses have more than tripled since 2019.

SpiceJet Revenue Loss
FY2019 ₹9,179 crore ₹302 crore

Are SpiceJet flights operating in India?

As of February 2021, Indian airline SpiceJet flies to a total of 64 destinations, including 52 domestic destinations and 12 international destinations within Asia.

What was the last traded price of SpiceJet stock?

Spicejet Ltd. stock last traded price is 70.45 Spicejet Ltd. share price moved up by 3.76 % from its previous close of Rs 67.80. Spicejet Ltd. stock last traded price is 70.35 DATA SOURCES: TickerPlant (for live BSE/NSE quotes service) and Dion Global Solutions Ltd. (for corporate data, historical price & volume, F&O data).

What is the difference between InterGlobe and SpiceJet shares?

On the National Stock Exchange, InterGlobe Aviation’s scrip was last trading 3.10 per cent lower at Rs 1,955.05 while shares of SpiceJet were down 1.3 per cent at Rs 67.25.

Why did Spice Jet report a net loss of 562 crore?

For the quarter under review, Spice Jet had reported a net loss of Rs 562 crore as against a net loss of Rs 112.5 crore in the year-ago quarter. The net loss posted by the company was largely on account of a sharp rise in operating costs in the quarter driven mainly by fuel expenses.

What is the history of SpiceJet?

Spicejet Ltd., incorporated in the year 1984, is a Mid Cap company (having a market cap of Rs 6566.92 Crore) operating in Airlines sector.