SpiceJet Share Price Crashes 10% in Stock Market Today as 8.4% Equity Changes Hands in Block Deal

SpiceJet Share Price Crashes 10% in Stock Market Today as 8.4% Equity Changes Hands in Block Deal

The SpiceJet share price was firmly in focus in the stock market today. The stock hit the 10% lower circuit on February 25 after a large block deal triggered heavy selling pressure.

In a single move, 8.4% equity exchanged hands. Nearly 15 crore shares were traded in a bunched transaction. That volume changed the mood instantly.

The fall was sharp. And it extended an already weak trend.

Market Performance: SpiceJet Share Price Under Pressure

In the stock market today, SpiceJet shares saw intense activity early in the session.

By 11 am on February 25:

  • SpiceJet share price was down 10%
  • Trading at Rs 12.88 per share on BSE
  • Hit the lower circuit limit

This marked the seventh straight day of decline.

In just seven straight trading sessions, the stock has slipped 25%. That’s not a small dip. It’s a sharp correction that catches the market’s attention. Trading volumes were elevated, and the mood around the counter remained cautious through the morning session.

For traders tracking airline stocks, the SpiceJet share price became one of the biggest talking points in the stock market today.

Open a free demat accountThe Block Deal That Triggered the Fall

The key trigger behind the fall was a large block trade.

  • 8.4% equity changed hands
  • Nearly 15 crore shares were traded
  • Executed as a bunched deal

Large block deals often create immediate price impact, especially in stocks with active retail participation. The sudden supply put pressure on the SpiceJet share price, pushing it to the lower circuit.

Seven consecutive sessions of decline suggest sustained selling pressure, not just a one-day reaction.

Fleet Expansion Plans: Company’s Recent Update

Last week, SpiceJet shared its operational roadmap.

The airline said it is working to ramp up its fleet to around 60 aircraft. The expansion will come through:

  • Wet leases
  • Damp leases
  • Reintroducing grounded aircraft into service

This update came as part of its broader operational revival efforts.

Fleet strength plays a direct role in airline capacity, revenue generation, and market positioning. Investors tracking the SpiceJet share price are closely watching how quickly these fleet plans translate into execution on the ground.

Domestic Market Share Sees Improvement

Despite the recent fall in the SpiceJet share price, operational data showed some improvement in domestic performance.

According to the company release:

  • Domestic market share increased to 4.3% in December
  • Up from 1.9% in September last year
  • Capacity expanded by 56% during the December quarter

A 56% expansion in capacity in one quarter is significant. The increase helped push market share higher within a short span.

For aviation watchers in the stock market today, this capacity growth stands out in contrast to the recent share price decline.

Capacity Target for Winter 2026

The airline has outlined a longer-term goal.

SpiceJet plans to more than double its capacity, targeting:

  • 220 crore Available Seat Kilometres (ASKs) by Winter 2026

Available Seat Kilometres is a key operating metric in the aviation industry. It reflects total passenger capacity offered.

This number gives an idea of the airline’s scale ambition over the next phase.

As the SpiceJet share price reacts to near-term developments, long-term operational capacity targets remain an important part of the overall story.

Bangladesh Airspace Ban Adds Operational Hurdle

Alongside financial and equity developments, there was another operational update.

According to sources, Bangladesh has barred SpiceJet from using its airspace due to pending dues that are yet to be repaid.

This has led to route changes.

With Bangladesh airspace unavailable:

  • Flights from Kolkata to destinations like Guwahati
  • And flights to Imphal
  • Are taking longer routes

Data from Flightradar24.com showed that flights from Kolkata to Guwahati and Imphal were not using Bangladesh airspace and were flying longer paths.

Longer routes often mean higher fuel usage and increased flight time. Operational adjustments like these become relevant when investors evaluate the broader picture around the SpiceJet share price.

Company Response on Operational Matters

When contacted, a company spokesperson stated that the airline is in regular dialogue with relevant authorities.

The discussions include:

  • Operational matters
  • Procedural issues
  • Navigation-related charges

The response indicates that conversations are ongoing regarding these matters.

For participants in the stock market today, such updates often influence short-term sentiment around aviation stocks.

SpiceJet Share Price: What the Stock Market Today Is Reflecting?

The recent trend in the SpiceJet share price shows:

  • 10% fall in a single session
  • 25% decline over seven sessions
  • Heavy volume through a block trade
  • Ongoing operational developments

Price movements in the stock market today reflect immediate reactions to such triggers. Large equity transactions and operational headlines together shaped trading activity.

At Rs 12.88 per share, the stock is now significantly lower compared to levels seen just a week ago.

Company Details Snapshot

Here’s a clear breakdown of the key numbers mentioned:

  • Block deal size: 8.4% equity
  • Shares traded: Nearly 15 crore
  • 7-session decline: 25%
  • February 25 price at 11 am: Rs 12.88
  • Fleet ramp-up target: Around 60 planes
  • Market share: 4.3% in December (from 1.9% in September)
  • Capacity expansion: 56% in December quarter
  • Capacity target: 220 crore ASKs by Winter 2026

These are the facts shaping today’s narrative around the SpiceJet share price.

Summary: A Volatile Day for SpiceJet Share Price in Stock Market Today

In the stock market today, the SpiceJet share price hit a 10% lower circuit after a significant block deal involving 8.4% equity.

The stock has now fallen 25% in seven sessions.

At the same time, the company recently highlighted:

  • Fleet expansion plans
  • Market share improvement to 4.3%
  • 56% capacity expansion in the December quarter
  • Long-term target of 220 crore ASKs
  • Operational challenges due to restricted Bangladesh airspace

Together, these developments form the current picture.

For now, the SpiceJet share price remains volatile. The stock market today reacted strongly to equity movement and operational updates. The coming sessions will determine how sentiment evolves around this aviation stock.

Source: Moneycontrol

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