Is it good to buy SpiceJet share price?
Yes Securities has buy call on Spicejet with a target price of Rs 98. The current market price of Spicejet Ltd. is Rs 84.55. Time period given by analyst is Intra Day when Spicejet Ltd. price can reach defined target. .
What is the future of SpiceJet share price?
The Spicejet trend is positive this month, which means that the targeted Spicejet predictions have a better chance. Spicejet’s target forecast for Friday Feb 4, 2022 is 84.99, 77.5, 70 up and 49.91, 57.41, 64.9 down. Spicejet’s target forecasts for May 2022 are 96.26, 86.45, 76.64 up and 43.94, 53.75, 63.56 down.
Can I buy SpiceJet shares?
You can easily buy SpiceJet shares in Groww by creating a demat account and getting the KYC documents verified online.
Will SpiceJet share go up?
Tomorrow’s movement Prediction of Spicejet Limited SPICEJET as on 06 May 2022 appears undecisive. It can be Bearish or Bullish….Munafa value: 39 as on 06 Fri May 2022.
Downside target | 43.6 |
---|---|
Downside target | 50.35 |
Upside target | 51.88 |
Upside target | 52.42 |
Upside target | 52.83 |
Is SpiceJet lost?
SpiceJet is challenging an appeal to shut down the airline after consecutive years of losses made worse by the pandemic and rising cost of fuel….SpiceJet’s losses have more than tripled since 2019.
SpiceJet | Revenue | Loss |
---|---|---|
FY2021 | ₹6,072 crore | ₹1,029 crore |
FY2020 | ₹13,134 crore | ₹936 crore |
FY2019 | ₹9,179 crore | ₹302 crore |
Will SpiceJet close down?
SpiceJet is challenging an appeal to shut down the airline after consecutive years of losses made worse by the pandemic and rising cost of fuel….SpiceJet’s losses have more than tripled since 2019.
SpiceJet | Revenue | Loss |
---|---|---|
FY2020 | ₹13,134 crore | ₹936 crore |
FY2019 | ₹9,179 crore | ₹302 crore |
Is SpiceJet a private company?
Spicejet Ltd. Royal Airways–promoted SpiceJet is an airline company, which was earlier known as Modiluft. It was among the first private companies that stepped into the Indian aviation sector. Further, in May 2005 Royal Airways changed its name to SpiceJet.
Whats wrong with SpiceJet?
SpiceJet’s biggest problem can be summed up in three words — lack of “cash, cash — and no cash”. Fund infusion is the need of the hour, says a former SpiceJet official. For an airline with a market capitalisation of around ₹5,000 crore and a robust cost structure, present losses are not insurmountable.