India's SpiceJet rises after month-on-month market share gains in November

Spicejet

30/12/2025 09:50

** Shares of Indian airline SpiceJet SPJT.BO rise 2% to 30 rupees

** Budget carrier's market share improved month-on-month to 3.7% in November vs 2.6% in October, official data shows

** Bigger rival IndiGo's INGL.NS market share fell m/m to 63.6% in November vs 65.6% in October

** On the day, INGL shares down 1.5% to 5,008 rupees

** On average, SPJT shares rated "hold" while INGL rated "buy" - LSEG data

** YTD, SPJT stock has shed 45% while INGL has risen 10%

 (Reporting by Hritam Mukherjee in Bengaluru)

 ((Hritam.Mukherjee@thomsonreuters.com;))