The pre-market most active stock is SPICEJET.BO stock trading on the BSE at INR 15.90 early on 28 Feb 2026, driven by an unusually large trade volume of 103057121.00 shares. Traders are watching price action near the day high 15.92 and the 50-day average 20.79, as the airline remains volatile after a steep YTD decline of 46.20%. We outline what moves the price, risk metrics and a model-based forecast to help traders frame a short-term strategy.

SPICEJET.BO stock: pre-market snapshot

SPICEJET.BO stock opened at INR 14.99 and the previous close was INR 15.90. The intraday range in the last session was 14.77 to 15.92, with a market cap of 24539679831.00 INR and 1526099492.00 shares outstanding. The stock shows heavy activity relative to its average volume of 25806759.00 (relVolume 2.78), making it one of the most active names in pre-market trade on the BSE.

Trading activity and volume drivers

Volume surge at 103057121.00 shares is the main driver behind SPICEJET.BO stock being most active in the pre-market. Large option flows, block trades or short-covering often show up as spikes in volume and the stock’s OBV 258697376.00 confirms above-average cumulative inflows. Short-term traders should note that average price (50/200) sits at 20.79, so current trades reflect positioning well below recent averages.

Fundamentals and valuation

SpiceJet Limited (SPICEJET.BO) reports trailing EPS of -4.34 and a negative PE of -3.71, reflecting continued losses. Key balance metrics: cash per share 2.73, book value per share -19.08, and enterprise value 64484859831.00 INR. The current ratio is 0.39 and debt-to-market-cap stands at 1.72, which highlights liquidity pressure and elevated leverage relative to peers in the Airlines, Airports & Air Services industry.

Technical view and momentum

Technically the stock is oversold with RSI 24.83 and MFI 18.08, while ADX 59.30 indicates a strong trend. Bollinger bands are Upper 25.59, Middle 19.23, Lower 12.86 and price near the lower band increases the chance of a short-covering bounce. Traders should watch support near the year low 12.88 and resistance near the 50-day average 20.79 for potential targets.

Meyka AI grade and model forecast

Meyka AI rates SPICEJET.BO with a score of 68.10 out of 100 — Grade B, Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a monthly target of 26.28 INR and a yearly projection of 8.70 INR. These model-based figures are probabilistic projections, not guarantees. For more on real-time signals and ticket-level views visit our Meyka stock page: SPICEJET.BO on Meyka.

Analyst view, price targets and risks

Analyst consensus remains thin; public rating systems show conservative or negative views due to ongoing losses and capital needs. Realistic near-term price target: INR 20.00 (mean-reversion to the 50-day average). Bull case (momentum + cargo recovery): INR 26.28 monthly target. Bear case (cash strain, weak demand): INR 8.70 twelve-month target. Key risks include fuel price swings, liquidity shortfalls and regulatory or operational disruptions.

Final Thoughts

SPICEJET.BO stock is the most active pre-market name because of exceptionally high volume and oversold technicals, creating both trading opportunities and elevated risk. Current price INR 15.90 sits well below the 50-day average 20.79, making a short-term rebound to INR 20.00 a plausible tactical target. Meyka AI’s forecast model projects INR 26.28 over a monthly horizon, implying an upside of 65.28% versus the current price, while the yearly projection INR 8.70 implies a downside of -45.30%. These model-based projections are not guarantees. Active traders should combine volume signals, RSI oversold levels and corporate updates before entering positions. For continued live updates and alerts use Meyka AI, an AI-powered market analysis platform, and check primary sources for exchange filings and sector news Investing.com compare report and workforce context StockAnalysis employee listing.

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Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.