The renewable piece has had strong performance on top-line growth through limited contribution to the bottom-line, it said adding that a more permanent fix for the disputed compensation for Mundra could be a key catalyst for the stock in the near-term — though Street has been disappointed on the same in the past.
SpiceJet shares rise 13%, extending second-day rally amid IndiGo operational disruptions
SpiceJet shares spiked intraday as operational disruptions at rival IndiGo boosted demand for its services. Despite the short-term rally, the stock remains fundamentally weak, with