IndiGo, SpiceJet shares in focus
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Aviation stocks experienced a decline on 2 March 2026 as tensions in the Middle East rose. This pushed the prices of crude oil higher and resulted in flight dis
SpiceJet share price drops over 3% as airline posts ₹262 crore Q3FY26 loss on weaker rupee, grounded aircraft and higher expenses.
A sharp increase in crude oil prices to over $115 per barrel has led to a significant drop in shares of IndiGo, SpiceJet, and Asian Paints.
SpiceJet rose 8% after Authum Investment pledged 6.8% stake of the airline. Authum disclosed that it acquired 10.37 crore equity shares of SpiceJet on February 25 by invoking pledged shares linked to outstanding dues of Spice Healthcare .
Shares of SpiceJet crashed 10 per cent on Wednesday, hitting the lower circuit after heavy block deals on the BSE triggered massive selling in the counter.
IndiGo has cancelled over 500 flights between February 28 and March 3 as airlines continue to deal with evolving airspace restrictions
SpiceJet share price slid 10%, hitting the lower circuit in Wednesday’s trading session after reports revealed that 8.4% of its equity shares changed hands in a block deal.
SpiceJet shares hit an 11-year low, crashing 10% after significant block deals. Explore the reasons behind the massive sell-off and its impact on the airline`s future.
The passenger market share of the company has almost doubled from 2.2% in Q2 FY26 to 4.3% in December, which is a result of the sharp three-month growth. The consistent month-by-month increase from 2.6% in October to 3.7% in November and then to 4.3% in December reveals effective implementation of route expansion and aircraft deployment strategies.
SpiceJet’s share price fell 10% to ₹12.88, marking an 11-year low, and is down roughly 25% over the past week after large institutional block deals saw 8.4% of the airline’s equity changing hands in a single session.
Mumbai: Shares of SpiceJet fell sharply by 10 per cent on Wednesday and hit the lower circuit at Rs 12.88 on the BSE. This is the airline’s lowest stock price in more than 11 years. The fall came after heavy block deals triggered strong selling pressure in the stock.