SpiceJet Shares Tumble Nearly 14%, Hit 52-Week Low During The Day

SpiceJet's shares tanked 13.93 per cent to close at Rs 24.16 apiece on the BSE

Shares of SpiceJet tumbled nearly 14 per cent on Tuesday, falling to its 52-week low level in intra-day trade, as investors continued to desert the counter.

The stock tanked 13.93 per cent to close at Rs 24.16 apiece on the BSE. During the day, it plummeted 19.30 per cent to its 52-week low of Rs 22.65.

In volume terms, 159.09 lakh shares of the company were traded at the BSE.

The stock has been falling since May 16 (Tuesday), declining nearly 20 per cent.