Spicejet Share Price Target 2022 , 2023 , 2024 , 2025 & 2030

Spicejet Share Price recorded an impressive 1Q 2019 turnover of Rs 22.4 billion (+ 19.6% YoY). In contrast to Indigo, profitability of Spicejets continued to rise and reached Rs 4.07, + 2.7% YoY (Indigos Rs 3.62, -5.5% YoY). The company posted excellent results in the second quarter of 2022, which has traditionally been weak for airlines.

He updated the stock to buy from suspension and raised the target price to Rs 80 from Rs 26.5 each earlier as he cited a reduction in the survival risk of carriers. The brokerage firm said its strategy of matching the lowest rates, together with healthy cash balances and the impact of Covid on comparable balance sheets, is expected to provide sustainable spreads for the industry by refreshing the stock while maintaining a buy rating and target price at Rs. 2,400 per share.

Spicejet Share Price

Spicejet Share Price Target 2022 , 2023 , 2024 , 2025 & 2030

Spicejet Share Price Target 2022 , 2023 , 2024 , 2025 & 2030

SpiceJet Ltd was up more than 50% and Indigo was not far behind, rising nearly 29% in November, although data from the Directorate General of Civil Aviation (DGCA) showed a resurgence in domestic passenger service. SpiceJet Ltd. showed the biggest intraday gain in nearly a year after the carrier was again approved to operate its 737 Max aircraft. InterGlobe Aviation and SpiceJet were both higher in early trading. Today after the government allowed airlines to operate with 60% capacity in the domestic segment. In response to this development, SpiceJet shares opened 5.01% higher at INR 53.40 compared to the previous close at the BSE of INR 50.85.

OTC trading volume tripled and a total of 15 million shares changed hands on the NSE and BSE. SpiceJet, India’s second largest privately-owned airline, also rose 8% to INR 81.95 on high volume. The Dow Jones barely closed higher, rallying 0.12%, while the S&P 500 fell 0.39%. As India suspends flights to the UK until December 31st, SpiceJet and InterGlobe Aviation will be in the spotlight. SpiceJet (SJet) reported a loss of Rs 12.5 billion in fiscal 21 (excluding foreign exchange), in line with expectations.

The analysis of the price action of Spicejet ((SPICEJET)) based on short and medium term time frames is very negative. This means that there is a strong uptrend in the stock over a period of time. An important indicator of the growth in stock prices is their growth dynamics. The latest news is collected from a variety of sources and can have a positive or negative impact on stock prices in the short term.

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Therefore, Fusion Media is not responsible for any business damages that you may incur as a result of your use of this data. The tips provided here are free for educational purposes, you should not trade them in the live market. Check daily Spicejet stock price target for the day and Spicejet stock price forecast for tomorrow, for short-term trading and long-term investing. Spicejet Stock Price Forecast for the Day and Tomorrow – Using the MACD Indicator Check the Spicejet stock price forecast using the MACD indicator to see if you should buy, sell or hold those stocks to trade.

Long term investment. Spicejet stock price prediction – using Graham’s intrinsic value. Here is a long-term prediction of Spicejet stock prices using Graham’s intrinsic value. The SMA indicator is used to predict the price of a Spicejet stock for short-term trading. Spicejet Stock Price Predictions for Short Term Trading – Using the SMA Indicator Simple Moving Average is a strong indicator for short term trading. Indicator name Indicator value Indicator signal ADX 21, 23, 4 Sell MACD -3, -2 Sell Stochastic 47 None CCI -39 Sell RSI 64 Buy OBV -19752756 Sell VWAP 69 Sell ADL 0 Sell ROC -4 Sell Force Index 0 Sell price Analysis Spicejet ((SPICEJET)), based on short-term time frames, is negative, but sellers have recently become active on the stock.

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The short-term volume-weighted average price (VWAP) is 66.43, and the transaction price of Spicejet (SPICEJET) is higher than this level. The short-term volume-weighted average price (VWAP) is 69.44, while the transaction price of Spicejet (SPICEJET) is below this level. The Ichimoku cloud is red, and the price is within or above the red cloud. The price seems to be falling. CCI produced a SELL signal for Spicejet in a short period of time, but the SELL signal was weak.

The Spicejet trend is positive this month, which means that the targeted Spicejet predictions have a better chance. Spicejet’s target forecast for Friday Feb 4, 2022 is 84.99, 77.5, 70 up and 49.91, 57.41, 64.9 down. Spicejet’s target forecasts for May 2022 are 96.26, 86.45, 76.64 up and 43.94, 53.75, 63.56 down. The 12-month Bloomberg consensus average suggests an increase of 9.9%.

If the Munafa is close to 50, the stock may move sideways. However, he said the shares are expected to be bought in the short term and profits should be made following the rally in aviation shares following the aforementioned announcement by the Indian government. The experts added that the Iraqi government can now lift the price cap on flights and increase the number of flights by up to 85% at any time.

Aviation stocks are expected to remain in the spotlight in the short to medium term, with unlocking in the spotlight now. The cargo release activities are helping to rebuild the Indian tourism industry, which is reflected in higher jet fuel prices, they said.

SJet approved an increase in the fund to Rs 25 billion by issuing related securities to qualified institutional buyers. If this is done through new bids, the share of the current promoter will drop from 60% to 40%. He advises existing investors to keep it at a target price of Rs 2,500.

This is despite US stocks falling on revised lockdown concerns. VWAP is crashing It looks like people are going out and selling Spicejet (SPICEJET) stock. The current trend is that stocks in this sector (s) are not very popular these days.

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