India's SpiceJet rises on doubling flights in winter
** Shares of SpiceJet SPJT.BO rise as much as 6.28% to 40.59 rupees, its highest since July 24 ** Airline says it will operate 250 daily flights this winter, which is double its summer schedule ** Stock rated "hold" on average by 4 analysts; median PT at 39 rupees - data compiled LSEG ** Rival IndiGo's parent Interglobe Aviation INGL.NS rated as "buy" on average by 22 analysts; median PT at 6,575 rupees - data compiled by LSEG **YTD, SPJT down nearly 29% vs INGL's nearly 29% rise (Reporting by Mridula Kumar) ((mridula.kumar@thomsonreuters.com))
Recent news on Spicejet
See all newsIndia raises jet fuel price for local airlines as stabilisation scheme kicks in, sources say
India's SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loan
India's InterGlobe Aviation, Spicejet turn positive after govt approves $1 bln aviation fuel fund
Brief: India’s Airlines Asked State-Run Oil Refiners To Hold Off On Hiking Jet Fuel Prices For Domestic Flights - Bloomberg News
Indian tourism stocks fall as Modi urges travel restraint amid Iran war