SpiceJet’s 42% Surge: Why is the Stock Flying as the Airline Warns of ‘Collapse’?

Shares of SpiceJet Limited extended their winning streak on Thursday. It hit the 5% upper circuit for the fifth time in six sessions as speculative demand continues to overwhelm the airline’s deepening financial and legal woes.As of 12:30 PM IST, the stock was trading at ₹14.14,

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