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[hfe_template id='11223'] [ad_1] Independent market expert Hemang Jani remains bullish on InterGlobe Aviation-owned IndiGo over SpiceJet amid the limited options in the listed aviation space. In a recent ET Now interaction, Jani reaffirmed his preference for InterGlobe over competitors like SpiceJet, citing operational transparency and growth visibility as key factors. Jani pointed out that while SpiceJet has shown promise, its prolonged struggles in demonstrating operational performance and lack of transparency in sharing key data remain concerning. "It is taking far too long to show any kind of operational performance, and what is concerning is the lack of transparency in sharing the key operational data," he noted. While the last quarter benefited from events like the Kumbh Mela and general activity, he believes investor enthusiasm will remain muted. According to Jani, InterGlobe has been the best play in the aviation sector, with a strong growth trajectory....

[hfe_template id='11223'] [ad_1] Shares of SpiceJet surged 9.5% to its day’s high of Rs 63 on BSE after the company announced that it will add 10 new planes to bolster its fleet and operations. “SpiceJet is set to significantly expand its fleet by the end of November with the induction of ten aircraft, marking a major step in the airline’s growth plans,” said the company in a filing to the exchanges. Among these 10 aircraft, seven will be acquired on lease while three previously grounded SpiceJet planes are being reintroduced into service, the company said. The airline has already signed agreements for the leased aircraft, with the full induction of all seven planes expected by November 15. Two of these leased aircraft have already arrived in India and are scheduled for immediate induction, the filing further read. “This addition is crucial as we continue to meet the growing demand for air travel while strengthening our operational capabilities. With the capital raised, ...

[hfe_template id='11223'] [ad_1] Domestic markets remained volatile for another session, ending flat in line with global trends ahead of the US Fed meeting. In today's trading, shares of NTPC, IREDA, SpiceJet, Nazara Tech, GE T&D India, and Power Grid, among others, will be in focus due to various news developments. IREDA The Indian Renewable Energy Development Agency (IREDA) has received approval from the Union government to raise funds by selling fresh equity through a Qualified Institutions Placement (QIP). Nazara Technologies Nazara Technologies, India’s leading diversified gaming and sports media company, announced its largest fundraise of Rs 900 crore to boost its growth trajectory. SpiceJet Stock Trading Market 101: An Insight into Trendlines and Momentum By - Rohit Srivastava, Founder View Program Stock Trading Markets 102: Mastering Sentiment Indicators for Swing and Positional Trading By - Rohit Srivastava, Founder View Program Stock Trading Market 103:...