Shares of slipped 2.91 per cent to hit a fresh one-year low of Rs 28.62 on Tuesday. The stock eventually closed 2.37 per cent lower at Rs 28.78. With this, the counter has plunged 48.99 per cent so far in calendar year 2025.
Kranthi Bathini, Director of Equity Strategy at WealthMills Securities, said the budget carrier continues to face significant headwinds despite attractive valuations. "SpiceJet is reeling under pressure at this point in time. Despite the low valuation, the stock is a risky proposition. We need to still wait and see how the airline is going to regain customer confidence and market share in the aviation segment. The counter is suitable for only high-risk-taking investors," he noted. Advertisement
On an EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortisa