SpiceJet Hits Intraday High with Strong 7.48% Surge in Trading

Intraday Trading Dynamics

SpiceJet opened the day with a positive gap, registering an initial gain of 2.67% from its previous close. The stock maintained upward momentum throughout the session, culminating in an intraday peak at Rs 33, representing an 8.77% rise from the opening price. This intraday high underscores a significant trading interest in the airline sector, with SpiceJet outperforming its sector peers by 7.42% on the day.

The stock’s movement today contrasts with its positioning relative to key technical indicators. Despite the strong intraday gains, SpiceJet continues to trade below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating that the recent price action remains within a broader downtrend context.

Market Context and Sector Comparison

The broader market environment on 5 December 2025 saw the Sensex index recover sharply after a negative start. The index opened down by 139.84 points but rebounded to close 595.74 points higher, settling at 85,721.22. This represents a 0.53% gain, bringing the Sensex within 0.51% of its 52-week high of 86,159.02. The market’s recovery was led by mega-cap stocks, which supported the overall bullish sentiment.

In comparison, SpiceJet’s 7.42% outperformance relative to the Sensex highlights a distinct trading pattern within the airline sector. However, the stock’s performance over longer time frames presents a contrasting picture. Over the past week, SpiceJet’s price has declined by 2.04%, while the Sensex remained largely flat with a 0.02% change. The one-month and three-month periods show SpiceJet trading lower by 11.49% and 5.40% respectively, whereas the Sensex posted gains of 2.71% and 6.21% over the same intervals.

Longer-Term Performance Overview

Examining SpiceJet’s performance over extended periods reveals a challenging trend. The stock has declined by 47.04% over the past year, contrasting with the Sensex’s 4.84% gain. Year-to-date figures show SpiceJet down by 41.17%, while the Sensex advanced by 9.70%. Over three and five years, SpiceJet’s price has contracted by 17.91% and 63.51% respectively, compared to Sensex gains of 36.42% and 90.16%. The ten-year performance further emphasises this divergence, with SpiceJet down 51.93% against the Sensex’s substantial 234.35% rise.

Trading Volume and Market Capitalisation

While specific volume data for the session is not detailed, the notable price movement suggests active trading interest in SpiceJet shares. The company’s market capitalisation grade is positioned at 3, indicating a mid-tier market cap within the airline sector. This classification provides context for the stock’s relative liquidity and investor attention compared to larger-cap peers.

Summary of Today’s Price Action

SpiceJet’s trading session on 5 December 2025 was marked by a strong intraday rally, with the stock reaching Rs 33 at its peak, an 8.77% increase from the opening price. The day’s overall gain of 7.48% stands out against the broader market’s modest advance and the airline sector’s performance. Despite this positive intraday movement, the stock remains below key moving averages, reflecting ongoing pressure from longer-term trends.

Investors and market participants will note the contrast between SpiceJet’s short-term price strength and its extended period of subdued performance relative to the Sensex. The stock’s recent trading behaviour underscores the dynamic nature of the airline sector amid fluctuating market conditions.

Get 1 year of Weekly Picks FREE when you subscribe to MojoOne. Offer ends soon. Start Saving Now →