SpiceJet Shares Plummet Amidst Block Deal News
SpiceJet (SPICEJET.BO) shares rolled 10 % on Wednesday, hitting the reduced circuit after records of a significant block offer. Trading volumes rose, going beyond the two-week standard by significantly.
- Share Decrease: Supply fell to 12 88 after opening up at 13 74 on the BSE.
- Block Bargain: Approximately 15 crore shares (8 4 % equity) supposedly transformed hands. Buyers and vendors continue to be unrevealed.
- Financials: Q 3 FY 26 saw a net loss of 261 38 crore, regardless of a 14 % YoY earnings rise to 1, 408 crore.
- Performance: The stock has actually declined over 32 % in the last seven sessions.
