SpiceJet main issue is overhang issues from previous promoter… spicejet has posted better results than Indigo (if you scale down to its size) so current management of spicejet is able to manage the costs and post profit… so i think if issues with previous promoters is resolved … it should be able to turn good…
Discl: invested when it was 15,18, 20 
didnt sell when it reached 150 and now still holding/averaged to better average and quantities
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