SpiceJet shares hit fresh low, extend losses for sixth straight session

Shares of SpiceJet Ltd fell sharply on Monday, January 12, 2026, touching a new low of INR 25.85 during the day. The stock finally closed 4.43% lower than its previous closing price. This was the sixth straight day of losses for the airline’s shares.

In just the last six trading sessions, SpiceJet’s share price has dropped by more than 12%. What worries investors more is that the stock is now trading at less than half of its highest price seen in the last one year, which was INR 56.80. This clearly shows that confidence in the airline has weakened badly.

While the overall stock market has remained relatively stable, SpiceJet has continued to fall. The Sensex, which tracks the broader market, is still close to its record high, but SpiceJet’s shares have moved in the opposite direction.

SpiceJet’s financial position remains under serious pressure. The company has reported heavy losses in its latest results, posting a net loss of over INR 621 crore. This means the airline is spending much more money than it is earning.

Over the past five years, SpiceJet’s sales have also been declining steadily. This shows that the company has not been able to grow its business, even though air travel demand has improved after the pandemic. Another major concern is that the company’s overall financial strength is weak. Experts say SpiceJet’s book value is negative, which is a sign of long-term financial stress.

Technical indicators also show that SpiceJet’s share price is in a strong downtrend. The stock is trading below all major average price levels, which usually indicates that selling pressure is likely to continue.

In the last one year, SpiceJet shares have fallen by about 47%, while the Sensex has gone up by nearly 8% during the same period. This clearly highlights how badly SpiceJet has underperformed the broader market.

The airline sector has been facing challenges due to high fuel prices, rising costs and changing regulations. However, companies with weaker financial positions have been hit harder and SpiceJet is one of them.

With continued losses, weak financials and falling share prices, SpiceJet remains under pressure, and investors remain cautious about its near-term future.