SPICEJET (India) Today

SPICEJET -  India Stock  

INR 71.70  0.80  1.10%

SPICEJET is trading at 71.70 as of the 28th of October 2021, a -1.1 percent decrease since the beginning of the trading day. The stock's lowest day price was 71.35. SPICEJET has about a 42 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for SPICEJET LTD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of November 2020 and ending today, the 28th of October 2021. Click here to learn more.
Market Performance
0 of 100
Odds Of Distress
Less than 42
It operates through Air Transport, and Freighter and Logistics Services segments. SpiceJet Limited was incorporated in 1984 and is headquartered in Gurugram, India. SPICEJET operates under Airlines classification in India and is traded on National Stock Exchange of India.. The company has 600.94 M outstanding shares. More on SPICEJET LTD
SPICEJET LTD cannot be verified against its exchange. Apparently, SPICEJET is not available for investing at the moment. Please verify the symbol is currently traded on National Stock Exchange of India. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.

SPICEJET Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. SPICEJET's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SPICEJET or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
SPICEJET LTD is not yet fully synchronised with the market data
SPICEJET LTD has some characteristics of a very speculative penny stock
SPICEJET LTD has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 95.6 B in total debt. SPICEJET LTD has a current ratio of 0.32, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
The entity reported the revenue of 51.71 B. Net Loss for the year was (10.3 B) with profit before overhead, payroll, taxes, and interest of 9.27 B.
About 62.0% of the company outstanding shares are owned by corporate insiders
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of SPICEJET's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
SPICEJET LTD (SPICEJET) is traded on National Stock Exchange of India in India and employs 16,288 people. The company currently falls under 'Large-Cap' category with current market capitalization of 43.98 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate SPICEJET's market, we take the total number of its shares issued and multiply it by SPICEJET's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. SPICEJET LTD operates under Industrials sector and is part of Airlines industry. The entity has 600.94 M outstanding shares. SPICEJET LTD has accumulated about 1.72 B in cash with 3.77 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.87.
Check SPICEJET Probability Of Bankruptcy

SPICEJET Stock Against Markets

Picking the right benchmark for SPICEJET stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SPICEJET stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SPICEJET is critical whether you are bullish or bearish towards SPICEJET LTD at a given time.
SPICEJET LTD cannot be verified against its exchange. Apparently, SPICEJET is not available for investing at the moment. Please verify the symbol is currently traded on National Stock Exchange of India. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.

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Our tools can tell you how much better you can do entering a position in SPICEJET without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, take a look at World Market Map. Note that the SPICEJET LTD information on this page should be used as a complementary analysis to other SPICEJET's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Other Tools for SPICEJET Stock

When running SPICEJET LTD price analysis, check to measure SPICEJET's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPICEJET is operating at the current time. Most of SPICEJET's value examination focuses on studying past and present price action to predict the probability of SPICEJET's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SPICEJET's price. Additionally, you may evaluate how the addition of SPICEJET to your portfolios can decrease your overall portfolio volatility.
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