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The US-Iran war puts tourism stocks under pressure; Q4 at risk

Buzz line2 months ago05 mins

The US-Iran war could weigh on tourism-related stocks, as rising crude oil prices push up operating costs and security concerns dampen travel demand and sentiment. While airlines are likely to be the most vulnerable due to higher fuel expenses, hotels and medical tourism players could also face near-term pressure from softer bookings and more cautious…

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Why has SpiceJet share price rallied 8% today; find out here

Buzz line2 months ago06 mins

SpiceJet share price climbed nearly 8% on Friday, February 27, after Authum Investment invoked pledged of shares worth 6.8% stake of the airline. In a regulatory filing, Authum disclosed that it acquired 10.37 crore equity shares of SpiceJet on February 25 by invoking pledged shares linked to outstanding dues of Spice Healthcare Pvt. Ltd. These…

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