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SpiceJet shares hit 5% circuit after fundraising plan.

Positive+792 sources

GreyOak summary

SpiceJet shares hit a 5% upper circuit on the BSE after the airline announced plans to raise fresh capital via equity, preference shares, or debt. The stock rallied 12.9% over three sessions following the November 13 filing. Meanwhile, check-in services at Dubai Airport were suspended for a day due to unpaid dues to ground handler DNATA.

What it affects

  • SPICEJETPositive +79

    Shares hit 5% circuit on fundraising plans.Rolling sentiment Negative -44

Source

Read the original at NDTV Profit

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