SpiceJet share price falls over 5% following a ₹234 crore loss in Q1; should you still buy?

SpiceJet's stock fell over 5% after reporting a Q1FY26 net loss of ₹234 crore, compared to a profit of ₹158.18 crore last year. Revenue dropped 36% due to geopolitical tensions and operational challenges. Nuvama downgraded its target price to ₹40, maintaining a 'Hold' rating.

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