Archive · 24 Sep 2025
SpiceJet Stock Rebounds After Hitting New 52-Week Low
SpiceJet's stock initially dropped to a new low but then recovered, going up by 10%.
This happened after the company announced it received a second credit rating upgrade, meaning it is doing better financially.
This is due to better financial management and the airline's plans for its fleet.
Analysts have varying views on where the stock price might go next, with some suggesting potential support levels and resistance points.
SpiceJet shares hit a 52-week low then rebounded.
The stock price climbed 9.87% from its one-year low.
SpiceJet received a second credit rating upgrade.
Acuité Ratings & Research upgraded the airline's credit rating.
Analysts provided technical analysis on potential support and resistance levels.
- Who
- SpiceJet
- What
- Experienced stock price fluctuations and received a credit rating upgrade.
- When
- Wednesday's early trade
- Where
- Not explicitly stated
- Why
- Improved credit profile, strengthened liquidity, financial discipline, and fleet plans.
- Company
- SpiceJet
- Stock Performance
- Rebounded 10% after hitting a 52-week low
- Credit Rating
- Upgraded to BB (Stable) from BB- (Stable) by Acuité
- Q1 FY26 EBITDA
- Loss of Rs 18 crore
- Q1 FY25 EBITDA
- Profit of Rs 402 crore
- Net Worth
- Improved to Rs 446 crore
