Picture of Spicejet logo

500285 Spicejet News Story

0.000.00%
in flag iconLast trade - 00:00
IndustrialsHighly SpeculativeSmall CapSucker Stock

India's SpiceJet slips 10% in its most active session ever

** SpiceJet SPJT.BO slips 10% to hit lower limit of exchange-mandated trading band of 12.88 rupees

** Stock set to fall for seventh straight session, losing over a quarter of its value during the spree

** SPJT dropped 9.7% on Tuesday after its Delhi-Leh flight returned to Delhi on experiencing technical issue

** According to a source quoted by PTI, flight returned due to engine issue

** Trading vols at record high of 189.7 mln shares, more than 16x the 30-day average

** RSI drops to 7.3, suggesting stock might be oversold, per data compiled by LSEG

** SPJT down 56.7% YTD

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))

Recent news on Spicejet

See all news