India's SpiceJet rises after report top court rejects former owner's damage claims against co

Spicejet

23/07/2025 07:00

** India's SpiceJet SPJT.BO gains 2.2% to 38.88 rupees

** Supreme court of India rejected 13 billion rupees  ($150.5 million) damage claims filed by the budget airline's former owner Kalanithi Maran and KAL Airways against SPJT, ETNow reports

** SPJT did not immediately respond to Reuters' request for comment

** Avg rating on SPJT at "hold"; median PT is 48 rupees - data compiled by LSEG

** Stock trims YTD losses to ~30%

($1 = 86.3850 Indian rupees)

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.tandon@thomsonreuters.com))