SpiceJet Stock Surges 9%, IndiGo Reports 42x Rise in Net Profit
The stocks of SpiceJet rose higher for the seventh consecutive session, increasing 9% intra-day, at Rs. 144 for a unit on BSE. Last week, the budget airline’s share rallied 23% as against a percent increase in the benchmark index. SpiceJet benefitted the most from the slots vacated by the grounded Jet Airways. The airline managed to capitalize on the same parallel to its operations on some of the highly competitive... Read More
