SpiceJet Ltd Hits Intraday Low Amid Significant Price Pressure

Intraday Performance and Price Movement

On 25 Feb 2026, SpiceJet Ltd opened sharply lower, down 3.56% from the previous close, signalling immediate selling pressure. The stock continued to weaken throughout the trading session, ultimately touching a day low of Rs 12.88, representing a 9.99% drop on the day. This intraday low also established a new 52-week low for the airline, underscoring the persistent bearish momentum.

The stock’s performance today significantly underperformed its sector peers, falling 11.38% more than the broader airline sector. This decline contrasts sharply with the broader market’s positive tone, as the Sensex gained 0.59% and traded near its 52-week high, highlighting the stock-specific pressures weighing on SpiceJet.

Extended Downtrend and Moving Averages

SpiceJet’s current slide is part of a sustained downtrend, with the stock recording losses for seven consecutive trading days. Over this period, the share price has declined by 25.2%, reflecting ongoing challenges in regaining investor confidence. The stock is trading below all key moving averages — 5-day, 20-day, 50-day, 100-day, and 200-day — indicating a broad-based weakness across short, medium, and long-term technical indicators.

This technical positioning suggests that the stock remains under pressure from multiple fronts, with no immediate signs of reversal as of the latest trading session.

Comparative Market Context

While SpiceJet’s shares have been under sustained pressure, the broader market environment has remained relatively buoyant. The Sensex opened 304.20 points higher and traded at 82,713.05, up 0.59%, maintaining a position just 4.17% below its 52-week high of 86,159.02. Mega-cap stocks have been the primary drivers of this positive momentum, contrasting with the underperformance of mid and small caps, including SpiceJet.

Sensex’s 50-day moving average remains above its 200-day moving average, signalling an overall positive market trend, which further accentuates the divergence in SpiceJet’s share price trajectory.

Performance Metrics Over Various Timeframes

SpiceJet’s recent price action reflects a challenging period for the airline. The stock’s one-day decline of 9.99% starkly contrasts with the Sensex’s 0.62% gain on the same day. Over the past week, SpiceJet has fallen 24.01%, while the Sensex declined by only 1.19%. The one-month performance shows a 43.78% drop for SpiceJet against a 1.47% gain for the Sensex, and over three months, the stock has lost 60.26% compared to the Sensex’s 2.19% decline.

Longer-term figures are equally stark, with SpiceJet down 73.15% over the past year, while the Sensex has gained 10.90%. Year-to-date, SpiceJet has fallen 56.69%, whereas the Sensex is down 2.91%. Over three, five, and ten years, SpiceJet’s losses stand at 67.56%, 84.86%, and 80.06% respectively, in contrast to the Sensex’s robust gains of 39.14%, 62.10%, and 260.10% over the same periods.

Mojo Score and Ratings Update

Reflecting the ongoing weakness, SpiceJet’s Mojo Score currently stands at 3.0, with a Mojo Grade of Strong Sell. This represents a downgrade from the previous Sell rating, which was revised on 23 Dec 2024. The Market Cap Grade remains at 3, indicating a relatively modest market capitalisation within its sector. These ratings underscore the prevailing negative sentiment and the challenges faced by the stock in reversing its downward trend.

Summary of Price Pressure and Market Sentiment

SpiceJet Ltd’s share price decline to Rs 12.88 represents a continuation of a pronounced downtrend, with the stock underperforming both its sector and the broader market. The intraday low and new 52-week low highlight the intensity of selling pressure, compounded by the stock’s position below all major moving averages. Despite a broadly positive market environment, SpiceJet’s shares have faced sustained headwinds, reflected in its Strong Sell Mojo Grade and deteriorating performance metrics across multiple timeframes.

These factors collectively illustrate the immediate pressures on the stock and the cautious stance prevailing among market participants towards SpiceJet Ltd as of 25 Feb 2026.

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