SpiceJet is one of the major players in the Indian aviation industry and has been offering affordable and convenient air travel services for over a decade. The company's share price has been subject to significant fluctuations in recent years due to a variety of internal and external factors. One trend that stands out is the company's tendency to experience sharp dips in share price during periods of economic uncertainty or fuel price hikes. For instance, in 2020, when the COVID-19 pandemic hit the aviation industry hard, share price of spice jet plummeted by almost 60%. However, the company has shown resilience and has been able to bounce back from such setbacks. Another noteworthy trend is the positive correlation between the company's financial performance and its share price. When the company posts strong financial results, the share price tends to rise, and vice versa. Overall, while SpiceJet's share price performance has been volatile, the company's growth prospects and strategic initiatives make it a potentially attractive investment opportunity for investors with a long-term outlook.
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