SpiceJet Stock Declines by -5.52% on September 24, Underperforms Sector by -3.49%: MarketsMOJO Data

SpiceJet, one of India's leading airlines, has seen a decline in its stock price on September 24, 2024. The stock has lost -5.52% on this day, according to data from MarketsMOJO. The stock call for SpiceJet is currently 'Sell' by MarketsMOJO.

In terms of performance, SpiceJet has underperformed the sector by -3.49% on September 24. The stock also touched an intraday low of Rs 66.25, which is a decrease of -5.73%. However, the stock is still performing well in the long term, with its moving averages higher than 20 day, 50 day, 100 day, and 200 day moving averages. It is only lower than the 5 day moving average.

The overall action in the airlines sector has also been negative, with a decline of -2.03%. This could be due to various factors such as rising fuel prices and increasing competition in the industry.

In comparison to the Sensex, SpiceJet's performance on September 24 was -5.59%, while the Sensex remained stable at 0.00%. In the past month, SpiceJet's performance has been -0.55%, while the Sensex has seen a growth of 4.74%.

It is important to note that this news article is based on factual data and does not include any external sources or opinions. It is intended to provide neutral and informative information to readers about SpiceJet's stock performance on September 24, 2024. Investors and experts are advised to conduct their own research and analysis before making any investment decisions.