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SpiceJet
AN
Ankit
Community Contributor

SpiceJet's Turnaround Story: From 28 Aircraft to 100, and Beyond

SpiceJet, one of India's prominent low-cost carriers, has been on a remarkable turnaround journey in recent years, emerging from a period of financial difficulty to a growth trajectory that promises substantial returns for both customers and investors. The airline, which at its low point was operating with just 28 planes, is now eyeing a future where its fleet expands to 100 aircraft within the next two years, with ambitious revenue targets and profitability goals that could elevate its market capitalization to an unprecedented ₹1 Lakh crore.
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₹539.89
FV
91.8% undervalued intrinsic discount
43.50%
Revenue growth p.a.
4users have liked this narrative
0users have commented on this narrative
58users have followed this narrative
5 months ago author updated this narrative
₹
Current Price
₹44.48651.4% overvalued intrinsic discount
%/yr
Decrease
Increase
PastFuture-20b120b2015201820212024202520272030Revenue ₹113.7bEarnings ₹6.9b
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