SpiceJet Ltd. (SPICEJET) Share Price Rises 8.06% Amid Market Activity

SpiceJet Ltd. Share Price rises 8.06% to Rs 12.6, with a market cap of Rs 1,730.6 crore.

SpiceJet Ltd. Share Price witnessed a significant rise today, climbing 8.06% to reach Rs 12.6. This increase comes as the stock opened at Rs 11.67 and reached a high of Rs 12.64 during the trading session. With a market capitalisation of Rs 1,730.6 crore, SpiceJet Ltd. is classified as a Small Cap company. Despite the absence of a specific catalyst in the supplied data, the price rise reflects notable market activity and interest in the stock.

SpiceJet Ltd. (SPICEJET) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 12.6
Previous Close	Rs 11.66
Today's Change	+Rs 0.94 (+8.06%)
Day Open	Rs 11.67
Day High	Rs 12.64
Day Low	Rs 11.66
Current Volume (BSE)	1,21,99,342
BSE Traded Volume	1,21,99,342
Combined NSE + BSE Volume	1,21,99,342
Turnover	Rs 15.37 crore
Market Capitalisation	Rs 1,730.6 crore
Market Cap Category	Small Cap

SpiceJet Ltd. (SPICEJET) traded at Rs 12.6. versus the previous close of Rs 11.66, a rise of 8.06%. The stock opened at Rs 11.67, reached Rs 12.64, touched Rs 11.66. Reported volume was 1,21,99,342.

SpiceJet Ltd. (SPICEJET) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 1,730.6 crore
P/E Ratio	-2.48x
P/B Ratio	-0.58x
ROE	0%
ROCE	0%
EPS	Rs -5.08
Dividend Yield	0%

SpiceJet Ltd. was valued at a P/E ratio of -2.48x, a P/B ratio of -0.58x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.

Profitability and capital efficiency were represented by ROE of 0% and ROCE of 0%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

Per-share and shareholder-return metrics included EPS of Rs -5.08, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

Sector and Industry Context

Metric	Value
Sector	Aviation
Industry	Airlines
Benchmark Scope	same industry
Company P/E Ratio	-2.48x
Benchmark Median P/E	21.77x
Benchmark Average P/E	26.6x
Benchmark P/E Range	12.79x to 45.23x
Company P/B Ratio	-0.58x
Benchmark Median P/B	3.87x
Company ROE	0%
Benchmark Median ROE	5.13%
Company ROCE	0%
Benchmark Median ROCE	8.02%
Company Market Capitalisation	Rs 1,730.6 crore
Benchmark Median Market Cap	Rs 777.2 crore

SpiceJet Ltd. (SPICEJET) is classified under sector: Aviation and industry: Airlines.

SpiceJet Ltd. (SPICEJET) has a P/E ratio of -2.48x, which is below the benchmark median of 21.77x, a difference of -111.39%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

SpiceJet Ltd. (SPICEJET) has a ROE of 0%, which is below the benchmark median of 5.13%, a difference of -100%. SpiceJet Ltd. (SPICEJET) has a ROCE of 0%, which is below the benchmark median of 8.02%, a difference of -100%.

Track today's top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.

SpiceJet Ltd. operates within the aviation sector, specifically in the airlines industry. The company's P/E ratio of -2.48 is significantly below the industry benchmark median of 21.77, indicating a challenging financial position relative to its peers. The P/B ratio of -0.58 also falls below the industry average of -1.47. Despite these figures, SpiceJet Ltd.'s market cap of Rs 1,730.6 crore positions it as the largest company within its benchmark group, which includes five companies. The industry benchmark's ROE and ROCE medians are 5.13% and 8.02%, respectively, both of which are higher than SpiceJet Ltd.'s current figures. This context highlights the competitive landscape in which SpiceJet Ltd. operates and underscores the importance of monitoring industry trends and company performance.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
TAAL Enterprises Ltd.	TAALTECH	1,240.43	21.77	5.04	50.17	61.81
FlySBS Aviation Ltd.	FLYSBS	777.2	12.79	3.87	25.4	19.79
Taneja Aerospace & Aviation Ltd.	TANAA	763.23	45.23	4.92	5.13	8.02
Global Vectra Helicorp Ltd.	GLOBALVECT	227.08	0	-20.59	-46.08	-21.39

SpiceJet Ltd. (SPICEJET) has a P/E ratio of -2.48x compared with the displayed peer median of 17.28x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 0% compares with a peer median of 15.26% across the companies shown in the table. ROCE stood at 0% versus the displayed peer median of 13.91%, providing a capital-efficiency comparison. SpiceJet Ltd. (SPICEJET) has a market capitalisation of Rs 1,730.6 crore. Among the 4 peers shown, 0 have a larger market capitalisation.

When compared to its peers, SpiceJet Ltd. exhibits a lower P/E ratio of -2.48, contrasting with TAAL Enterprises Ltd.'s 21.77 and FlySBS Aviation Ltd.'s 12.79. The company's P/B ratio of -0.58 is also below the peer average, with TAAL Enterprises Ltd. at 5.04 and FlySBS Aviation Ltd. at 3.87. SpiceJet Ltd.'s market cap of Rs 1,730.6 crore is the highest among its peers, surpassing TAAL Enterprises Ltd.'s Rs 1,240.43 crore and FlySBS Aviation Ltd.'s Rs 777.2 crore. These comparisons provide insights into SpiceJet Ltd.'s relative valuation and market position within the aviation industry.

Why Investors Are Watching SpiceJet Ltd.

Investors are closely monitoring SpiceJet Ltd. due to its recent price rise and market activity. The stock's performance today highlights its potential for future movements.

• Price Action: 8.06% rise to Rs 12.6, surpassing the Small Cap threshold.
• Technical Position: Neutral RSI at 44.44, above 50-day moving average.
• Fundamental Context: Negative P/E and P/B ratios, largest market cap in the benchmark.
• Sector Positioning: Operates in the competitive aviation industry.

Investors should continue to watch SpiceJet Ltd. for further developments in its financial performance and market dynamics.

About SpiceJet Ltd.

SpiceJet Ltd. is a prominent player in the aviation sector, specifically within the airlines industry. The company operates a fleet of aircraft, providing domestic and international air travel services. SpiceJet Ltd. has established itself as a key player in the Indian aviation market, offering competitive pricing and a wide network of routes. Despite facing financial challenges, the company continues to focus on expanding its market presence and enhancing customer experience. As part of the aviation industry, SpiceJet Ltd. is subject to various regulatory and economic factors that influence its operations and performance.

Track SpiceJet Ltd. Share Price on Univest

Use SpiceJet Ltd. (SPICEJET) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.

Investors can track SpiceJet Ltd. Share Price on Univest to access live updates, technical indicators, fundamental ratios, shareholding patterns, and market insights. Univest provides comprehensive data and analysis to help investors make informed decisions. Stay updated with the latest developments in SpiceJet Ltd.'s performance and market trends on Univest.

Frequently Asked Questions

What is the current SpiceJet Ltd. Share Price?

Ans. The current SpiceJet Ltd. Share Price is Rs 12.6, reflecting an 8.06% increase from the previous close of Rs 11.66. The stock moved 8.06% during the session. The intraday range extended from Rs 11.66 to Rs 12.64.

How much did SpiceJet Ltd. Share Price rise today?

Ans. SpiceJet Ltd. Share Price rose by 8.06% today, reaching Rs 12.6 from the previous close of Rs 11.66. The stock moved 8.06% during the session. The intraday range extended from Rs 11.66 to Rs 12.64.

What is the market capitalisation of SpiceJet Ltd.?

Ans. SpiceJet Ltd. has a market capitalisation of Rs 1,730.6 crore, making it the largest company in its industry benchmark group. The company operates in the Aviation sector. Its P/E ratio is -2.48x.

What is SpiceJet Ltd.'s P/E ratio?

Ans. SpiceJet Ltd.'s P/E ratio is -2.48, indicating negative earnings compared to the industry median of 21.77. The company trades at a P/E ratio of -2.48x. Its P/B ratio is -0.58x.

How does SpiceJet Ltd.'s P/B ratio compare to its peers?

Ans. SpiceJet Ltd.'s P/B ratio of -0.58 is below the peer average, with TAAL Enterprises Ltd. at 5.04 and FlySBS Aviation Ltd. at 3.87. The company trades at a P/E ratio of -2.48x.

What is the sector context for SpiceJet Ltd.?

Ans. SpiceJet Ltd. operates in the aviation sector, specifically in the airlines industry, facing competitive challenges and regulatory factors. The stock belongs to the Aviation sector. Its industry classification is Airlines.

How does SpiceJet Ltd.'s market cap compare to its peers?

Ans. SpiceJet Ltd.'s market cap of Rs 1,730.6 crore is the highest among its peers, surpassing TAAL Enterprises Ltd.'s Rs 1,240.43 crore. The company operates in the Aviation sector. Its P/E ratio is -2.48x.