SpiceJet, ATF and IndiGo
SpiceJet, IndiGo shares rally up to 6% after ATF price cut
The ATF prices have been cut to Rs 87,597 per kg in Delhi, down from Rs 93,480 per kg earlier. The price reduction will help ease the burden on airlines for whom fuel makes up 40% of the airlines’ operating costs.
SpiceJet, InterGlobe Aviation shares take flight as ATF price slashed 6%
The cost of jet fuel is now at the lowest level since April 2024, and jet fuel accounts for nearly 40 percent of the total expense for domestic airlines
Why SpiceJet and IndiGo shares are surging today
Over the past year, SpiceJet's shares have seen an 88% increase. So far this year, the stock has risen by 11.76%, with a growth of 10% in the last six months. InterGlobe Aviation shares have more than doubled in the last one year and risen by 38% in the last six months. On a year-to-date basis, these stocks have gained an impressive 64.50%.
IndiGo, SpiceJet shares rise after govt slashes ATF rates
Shares of listed airlines IndiGo and SpiceJet gained up to 5.4 per cent after the central government cut air turbine fuel (ATF) rates
IndiGo To SpiceJet: Aviation Stocks Soar Following Fuel Price Cut
Budget carrier SpiceJet Ltd.'s stock jumped 5.49% to Rs 67.20 per share, up from Monday's close of Rs 63.70 apiece. Jet Airways India Ltd. also joined the upward trend, with shares climbing 1.30% to Rs 39.02 apiece after closing 0.41% lower the prior day.
Aviation Stocks In Focus: IndiGo & SpiceJet Share Price Jump Following ATF Price Cut; Should You Buy?
The shares of airline operators InterGlobe Aviation (IndiGo) and SpiceJet soared in early trading on October 1, following a reduction in aviation turbine fuel (ATF) prices by the Indian government. This welcomed move provided a much-needed boost to the aviation sector,
IndiGo, SpiceJet shares surge up to 6% as govt cuts ATF price
Boosted by the slash in jet fuel prices, shares of SpiceJet surged as much as 5.97% to ₹67.50 apiece on the BSE, while the market capitalisation (m-cap) climbed to ₹8,649 crore. The counter witnessed strong volume as 3.5 crore shares changed hands over the counter as compared to two-week average volume of 2.31 crore stocks.
SpiceJet, InterGlobe Aviation Shares Fly Following Fuel Price Cut; Details
Airline operators InterGlobe Aviation and SpiceJet shares flew upwards of five per cent during the early session on October 1
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SpiceJet Soars By Over 8% After Investment Firm Buys Stake Worth ₹51 Cr
Shares of SpiceJet soared more than 8% on Tuesday after an Ahmedabad-based stock broker bought a stake in the firm a day ago.
After clearing GST dues, SpiceJet clears four months pending salary of employees
After clearing pending GST dues airline SpiceJet has credited the four months pending salaries of its employees ...
Delhi HC asks SpiceJet to respond to execution petition on engines return
The Delhi High Court on Monday asked low-cost airline SpiceJet to file its reply to a petition seeking execution of an order ...
Is INR3k crore fund enough for SpiceJet?
SpiceJet has been under financial and operational stress over the past few years. It almost looked like things would go further south. Then came a lifeline as the airline raised INR3750 crore, its ...
SpiceJet Aims to Add 75 Jets in Next Two Years, Some Secondhand
SpiceJet Ltd., which raised 30 billion rupees ($359 million) last week in an institutional share sale, plans to add 75 ...
Why SpiceJet’s and its boss’s bravado after investor lifeline must be taken with a pinch of salt
The market is now divided between two large groups, and there is no guarantee that these players will not undercut pricing to ...
Block deals: Rs 51 crore worth share purchase in SpiceJet, BofA picks stake in this smallcap
Plutus Wealth Management purchased a significant stake in SpiceJet, buying shares at Rs 59.95 apiece. This was a slight ...
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Stocks To Watch: Tata Power, Mankind Pharma, Bank of Maharashtra, NTPC, IRCTC, Unichem Labs, SpiceJet
GIFT Nifty ended 22 points or 0.08% down at 25,984.50 indicating a negative opening for domestic indices NSE Nifty 50 and BSE ...