New Delhi, July 5: Shares of SpiceJet on Tuesday fell by over 2 per cent amid multiple instances of its planes suffering technical problems in recent weeks. On Tuesday when its Dubai-bound plane was diverted to Karachi due to malfunctioning of the fuel indicator, the airline's scrip dropped 2.33 per cent to close at Rs 37.65 apiece on BSE.

The scrip, which opened at Rs 38.50, touched an intra-day low of Rs 37.45. During the session, it had recorded an intra-day high of Rs 38.95. The 52-week low of the carrier's shares is Rs 37.15. SpiceJet Delhi-Dubai Flight Makes Emergency Landing in Pakistan’s Karachi Airport After Technical Glitch, All Passengers Safe.

The broader market ended in the negative territory with the 30-share benchmark Sensed declining little over 100 points to close at 53,134.35 points on Tuesday.

In a statement, SpiceJet said that its B737 aircraft operating flight SG-11 (Delhi-Dubai) was diverted to Karachi due to an indicator light malfunctioning.

"No emergency was declared and the aircraft made a normal landing. There was no earlier report of any malfunction with the aircraft," it said.

This is at least sixth incident of technical malfunction happening on SpiceJet aircraft in the last 17 days. Aviation regulator DGCA is investigating the Tuesday's incident, along with the previous five incidents.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)