IndiGo, SpiceJet and ATF
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.
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%.
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 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
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 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
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
Press Trust of India on MSN25m
Plutus Wealth buys SpiceJet's shares for Rs 50 crore
Plutus Wealth Management on Tuesday raised its holding in domestic carrier SpiceJet by acquiring additional shares for Rs 50 ...
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SpiceJet Clears Salary Dues Worth Rs 120 Crore
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Benzinga India on MSN9h
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
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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 ...
Bulk deals: Plutus Wealth Management buys 75 lakh shares in SpiceJet
Nexpact Limited sold 19.69 lakh shares of Tiger Logistics (India) for an average price of Rs 62.75, while AG Dynamic Funds ...
"Ours Is An Airline That Refuses To Die": SpiceJet Chief On Turnaround Plans
After its successful turnaround in 2015, SpiceJet is trying to pull off another comeback and its efforts have got a fillip ...
SpiceJet survival assured with INR3k crore fund, but will it be long- lasting?
Promoter Ajay Singh has a plan to turn around Indias oldest private airline. But the aviation industry is way different now ...