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Stock viewBusiness Today

SpiceJet shares jump 5% as board to consider raising funds

Positive+26

GreyOak summary

SpiceJet shares rose 5% after the airline announced its board would meet on November 18 to consider raising fresh capital. The proposal involves equity, preference shares, or debt securities to strengthen the cash-strapped carrier's position.

What it affects

  • SPICEJETPositive +26

    Shares jumped 5% on fundraising proposal.Rolling sentiment Negative -70

Source

Read the original at Business Today

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