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Airline Stock Under Rs 60 In Focus As It Announces Successful Fund Infusion of Rs 294.09 Crore by Promoter Group, Raising Stake to 33.47 Per Cent

In its annual results, the company reported net sales of Rs 7,085 crore, an operating loss of Rs 644 and a net loss of Rs 424 crore in FY24.

DSIJ Intelligence-1 0 211 Article rating: 4.0

This infusion finalizes the promised Rs 500 crore equity investment by Ajay Singh, bolstering SpiceJet's financial stability.

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