SpiceJet Stock Sees Positive Trend, Outperforms Sector by 2.98%

SpiceJet, a midcap airline company, has seen a positive trend in its stock performance on October 30th, 2024. The stock gained 5.65% on this day, outperforming the sector by 2.98%. This marks the fourth consecutive day of gains for the company, with a total return of 7.21% in this period.

The stock also reached an intraday high of Rs 60.37, showing a 5.25% increase. However, the moving averages for SpiceJet are mixed, with the stock being higher than the 5-day and 100-day moving averages, but lower than the 20-day, 50-day, and 200-day moving averages.

In comparison to the overall market performance, SpiceJet has outperformed the Sensex by 5.88% in the past day and has a 1-month performance of -4.82% compared to the Sensex's -4.84%.

This information is based on the stock call of 'Sell' given by MarketsMOJO, a leading financial analysis platform. It is important to note that this is not a recommendation, but rather a fact-based analysis of SpiceJet's stock performance. As a midcap company in the airline industry, SpiceJet continues to show promising growth and potential in the market.