SpiceJet Faces Ongoing Challenges Amid Broader Market Decline and Bearish Trends

Mar 13 2025 03:50 PM IST
share
Share Via
SpiceJet's stock has declined significantly, falling 6.38% today and 9.83% over the past four days, underperforming the broader market. The stock is trading below all major moving averages, reflecting a bearish trend. The airline sector continues to face challenges amid a fluctuating market environment.
SpiceJet, a midcap player in the airline industry, has experienced a significant decline today, with its stock price dropping by 6.38%. This underperformance is notable as it lags behind the broader market, underperforming the Sensex by 5.51%. Over the past four days, SpiceJet has seen a cumulative decline of 9.83%, reflecting a challenging period for the company.

The stock reached an intraday low of Rs 45.16, marking a decrease of 7.04% at its lowest point. Currently, SpiceJet is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in its price performance.

In the broader market context, the Sensex, after a positive opening, has reversed sharply, currently trading at 73,828.91, down 0.27%. The index is nearing its 52-week low, being just 4.87% away from that mark. Overall, SpiceJet's recent performance metrics highlight ongoing challenges within the airline sector, as the company continues to navigate a difficult market environment.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News