Air India Plane Crash: Airline stocks reacted negatively to the Air India plane crash in a locality near the Ahmedabad airport on Thursday afternoon.
Shares of IndiGo or InterGlobe Aviation Ltd dipped 3 per cent to trade at Rs 5,463 at around 2 pm. Similarly, SpiceJet shares fell around 2 per cent to touch the intraday low of Rs 44.30.
IndiGo Share Price
IndiGo shares started the session in red at Rs 5,622.95 on the BSE against the previous close of Rs 5,632.70. Soon after the plane crash, the stock tumbled to touch the intraday low of Rs 5,439.70. Last seen, it was trading at Rs 5,483.50.
SpiceJet Share Price
The counter started the session with a minor gain at Rs 46 against the BSE's previous close of Rs 45.49. The stock gained further to touch the intraday high of Rs 46.90. Soon after the crash news, it tumbled and hit the intraday low of Rs 44.29. Last seen, it was trading at Rs 44.31.
London-bound Air India plane crashes near Ahmedabad airport
A London-bound Air India plane carrying 242 passengers and crew crashed moments after taking off from the Ahmedabad airport on Thursday afternoon. Several casualties were feared.
The Boeing aircraft, which could be seen losing altitude quickly, crashed in Meghaninagar area near the Ahmedabad international airport around 2 pm.
"Flight AI171, operating Ahmedabad-London Gatwick, was involved in an incident today, 12 June 2025. At this moment, we are ascertaining the details and will share further updates at the earliest on http://airindia.
com and on our X handle," Air India posted on X.
Several of the injured were taken to the city civil hospital.
Thick black smoke could be seen billowing for miles around. Some camera crews accessed the crash area and showed visuals of the wreckage.
