SpiceJet shares hit the upper circuit for the third consecutive session on Friday, recovering from early losses even as a UK court ordered the airline to pay about $8 million (around Rs 70 crore) to an aircraft engine lessor. The stock was locked in the 5 percent upper circuit at Rs 12.27 around 10 am, extending its recent rally despite the adverse legal development.The sharp rebound comes after t...

Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, acquisitions, and appointments, here’s a quick look at which stocks will be in focus in today's trade:Quarterly EarningsSpiceJet Q1 (Consolidated YoY)Loss stands at Rs 233.8 crore Vs Rs profit of Rs 158.3 croreRevenue drops 34.4% to Rs 1,120.2 crore Vs Rs 1,708.2 croreStocks to Watch...

Rising geopolitical tensions in the Middle East also weighed on aviation stocks, as global risk sentiment soured after Israel carried out airstrikes on Iran’s capital, reportedly targeting nuclear and missile facilities.Indian aviation stocks came under pressure on June 13 after an Air India Dreamliner en route to London crashed shortly after takeoff from Ahmedabad, killing 241 people. The Boein...

The shares of SpiceJet jumped 6 percent on March 17 after the company announced that its CEO and promoter Ajay Singh would infuse Rs 294.09 crore into the company via the promoter group company, Spice Healthcare. The shares of the airline were trading 6 percent higher at Rs 48 apiece as seen at 10 am.In a press release, SpiceJet announced that the fresh infusion will take place through the convers...

Shares of SpiceJet rose 3 percent on November 28 after Ireland-based aircraft lessor Aircastle withdrew its insolvency case against the low-cost carrier before the National Company Law Tribunal (NCLT). "This follows a mutually agreed-upon settlement, marking a positive turn in the airline's efforts to rebuild and strengthen ties with its partners," SpiceJet said in an exchange filing.Last month, S...