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Aviation stocks fly: IndiGo, SpiceJet shares rally 8% as crude prices fall after US-Iran deal
IndiGo shares rose as much as 4.42% to Rs 4,918 apiece, while SpiceJet rose 8.34% to Rs 13.38 per share.
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From SpiceJet to IndiGo, these aviation shares tumble over 2.5% today - Here's what behind the fall
Analysts are of the view that the market will continue to closely monitor crude oil and aviation fuel prices in the coming days.
IndiGo shares advanced 3.88% intraday to Rs 4,677 apiece, while SpiceJet shares rose around 7% to Rs 12.19 per share.
ATF typically accounts for about 40 per cent of airline operating expenses and can rise to as much as 60 per cent during ...
Oil prices slumped to two-month lows on expectations of an impending agreement, which further boosted the bullish sentiment ...
Shares of SpiceJet resumed their fall in Thursday's trade after a single-day halt to touch a new one-year low level. The stock declined 4.03 per cent to Rs 9.53 level. It was last seen trading 2.11 ...
Indian airline SpiceJet faces financial difficulties, delaying pilot salaries and seeking government-backed loans. Once a ...
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