The company has reported an operating EBIT (earnings before interest and tax) of Rs 5,821 crore for the third quarter, which was up 4% YoY and nearly 9% QoQ (quarter-on-quarter).
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
Indian stock markets are at a key turning point. Experts predict a strong rally over the next two to three years, potentially delivering 40-50% returns.
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