SpiceJet shares rally 6% after Rs 3,000 crore QIP attracts marquee investors

SpiceJet shares surged by up to 6% after completing a Rs 3,000 crore Qualified Institutional Placement, attracting global investors. The airline aims to have 100 aircraft by the end of 2026 and plans to return its grounded planes to service. Additional funding will help enhance operations and fleet expansion.