New Delhi, March 14 -- SpiceJet share price plunged more than 6% on Thursday, extending its slide for the fourth consecutive session. SpiceJet shares declined as much as 6.38% to Rs.45.48 apiece on the BSE. In the past four sessions, SpiceJet shares have dropped nearly 10%.

SpiceJet shares saw a block deal during Thursday's trading session, wherein its promoter Ajay Singh sold a significant number of company's shares.

Ajay Singh, Chairman and Managing Director of aviation carrier SpiceJet sold 1,15,38,462 shares of SpiceJet, representing 0.89% stake in the company, via block deals on March 13, according to official data available on the BSE.

Singh sold SpiceJet shares at an average price of Rs.45.34 per share, taking the total transact...