Archive · 22 Jan 2026
SpiceJet Shares Plunge 52% in a Year
SpiceJet's shares have fallen a lot in the past year, reaching a low of Rs 22.94.
The company is starting new flights to Sharjah from Ahmedabad.
Some experts think the stock is risky and not good for new investors, but existing investors might hold on for the long term.
The stock is trading below many of its average prices and has a high volatility.
The company's financial numbers show it's in a tough spot right now.
SpiceJet shares hit a one-year low of Rs 22.94, down 52.42% over the past year.
The airline is launching non-stop flights from Ahmedabad to Sharjah starting February 5, 2026.
Analysts suggest the stock is bearish in the short to medium term due to financial stress.
Existing investors are advised to hold with a long-term view, while new investors are cautioned.
The stock is trading below all key moving averages with a 14-day RSI of 22.66, indicating oversold conditions.
- Who
- SpiceJet Ltd
- What
- Shares have dropped 52.42% in a year
- When
- As of Wednesday's trade
- Where
- Indian stock market
- Why
- Financial stress and high volatility
- Current Share Price
- Rs 23.74
- One-Year Low
- Rs 22.94
- One-Year Decline
- 52.42%
- New Flight Route
- Ahmedabad-Sharjah (starting Feb 5, 2026)
- Flight Frequency
- 5 days a week (except Tuesday and Wednesday)
- P/E Ratio (Standalone)
- -6.98
- P/E Ratio (Consolidated)
- -3.25
- P/B Value
- 84.79
- EPS (Standalone)
- (-)3.40
- EPS (Consolidated)
- (-)7.31
- RoE
- (-)1,231.96%
- 14-day RSI
- 22.66
- One-Year Beta
- 1.51
