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Nuvama
Nuvama News
Nuvama
27 Feb 2025
Nuvama Cuts SpiceJet Share Price Target, Stock Tanks About 7%
The firm raised concerns about the airline’s lack of transparency in financial data, a sharp 41 per cent drop in available seat kilometres (ASKM) year-on-year (YoY), and the fact that 30 per cent of its aircraft remained grounded in the second quarter.
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