SpiceJet shares slump over 3 per cent
Shares of crisis-hit SpiceJet fell over 3 per cent on Wednesday amid concerns over the airline’s financial position.
The scrip dropped 3.44 per cent to close at Rs 63.37 on the BSE on a day when the overall market ended on a positive note.
On Wednesday, benchmark BSE Sensex reversed its losses and closed in the positive territory at 71,822.83 points, a gain of 267.64 points.
In a statement, SpiceJet said it is currently at its strongest financial position in recent history and mentioned various fund raising initiatives.
