SpiceJet Takes Wing: Shares Surge 4.5% in Morning Trade!

SpiceJet's stock rose sharply by 4.5%, trading around ₹34 amid high volumes during early hours on December 9, 2025. The low-cost carrier benefits from recent operational improvements, including fleet reactivation and debt settlements, boosting market optimism despite persistent challenges like negative earnings.

The uptick contrasts with Nifty's decline, driven by short-covering and speculation on fresh funding or route expansions. Trading above key moving averages signals technical strength, with resistance eyed at ₹35-36.

Aviation sector tailwinds from rising domestic travel support the momentum.

Key Highlights

Price Gain: +4.5%, from prior close near ₹32.50 to intraday highs.

Volume Spike: Elevated activity indicates strong buying interest.

Technical View: Above 50DMA; year low ₹30.8, high ₹107.95.

Fundamentals: Market cap ~₹4,300 Cr; EPS challenges persist.

Catalysts: Restructuring progress, potential fund infusions.

SpiceJet's rally offers intraday opportunities—watch for sustainment.

Sources: BSE India, Moneycontrol, Economic Times