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SpiceJet Hits A 52-Week Low After Multiple Malfunction Incidents

Shares of SpiceJet Ltd. fell to their 52-week low after multiple incidents of technical malfunction.Since June 19, the budget carrier has reported at least seven instances — ranging from bird hit and smoke in cabin to cracks in windshield outer pane and indicator light malfunctioning, PTI reported citing officials of the Directorate General of Civil Aviation.SpiceJet, too, has confirmed the incidents on Twitter. July 5, 2022: Spice…

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