SpiceJet stock hits 5% upper circuit as board to mull raising capital via equity share issue

It further stated that it will raise the capital via the issuance of preference shares, debt securities and/or other permissible instruments, through preferential issue, qualified institutions placement (QIPs), or any other mode as may be considered appropriate by the board of directors.

The proposal, if approved by the Board, will be subject to approvals, consents and permissions, including the approval of the shareholders of the company and regulatory authorities, as may be required.

SpiceJet share performance

The scrip has jumped nearly 13% in the past week but lost 32% over six months. On a year-to-date (YTD) basis, it has declined 71%.

While the shares hit a 52-week high of ₹37.90 per unit on November 17, 2025, they touched a year’s low of ₹7.40 apiece on October 30, 2026.

Recent updates

On September 22, 2026, the airline was put under financial scrutiny by the Directorate General of Civil Aviation (DGCA), as per media reports that cited Civil Aviation Minister Ram Mohan Naidu as saying.

The company has not filed its quarterly financial reports with the BSE since Q4 FY26.

It last reported its earnings for the third quarter of the 2025-26 financial year (Q3 FY26), where it posted a consolidated net loss of ₹261 crore, compared with a profit of ₹20.4 crore in the year-ago period.

However, its revenue from operations advanced 13.8% year-on-year (YoY) to ₹1,408 crore during the quarter under review, compared with ₹1,237 crore in the third quarter of the 2024-25 fiscal year (Q3 FY25).

Its EBITDA (earnings before interest, tax, depreciation and amortisation) loss stood at ₹128 crore in Q3 FY26, as against a loss of ₹81 crore in the same period of FY25.

SpiceJet has a total market capitalisation of ₹1,323.13 crore as of November 13, 2026, according to data on the BSE.