SpiceJet flies high on the bourses

19 Aug 2014

Spicejet is currently trading at Rs. 13.66, up by 0.17 points or 1.26% from its previous closing of Rs. 13.49 on the BSE.

The scrip opened at Rs. 13.75 and has touched a high and low of Rs. 14.00 and Rs. 13.23 respectively. So far 2558963 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 24.40 on 19-Aug-2013 and a 52 week low of Rs. 11.10 on 13-Aug-2014.

Last one week high and low of the scrip stood at Rs. 14.00 and Rs. 11.10 respectively. The current market cap of the company is Rs. 724.77 crore.

The promoters holding in the company stood at 53.48% while Institutions and Non-Institutions held 0.86% and 45.66% respectively.

Budget carrier SpiceJet will resume its flight services to Bangkok from September 25. This time the airline has chosen flight services to Bangkok from Kolkata daily instead of Pune and Bangalore.

Meanwhile, the airline has rolled out special promotional fares for its Kolkata-Bangkok flight, which will be SpiceJet’s first direct international air service from West Bengal’s capital, offering an all inclusive one way fare of Rs 2,999 (Kolkata-Bangkok) for a limited period.

The Kalanithi Maran-promoted private carrier had launched flights to Bangkok from Pune and Bangalore with much fanfare last October but scrapped both the services at the start of summer schedule this year, citing low passenger demand.

SpiceJet is India’s most preferred airline who delivers the lowest air fares with the highest consumer value. The airline currently operates more than 350 daily flights to over 44 Indian cities and 9 international destinations.

Related Spicejet Ltd. Links:

Spice Jet Share Price

69.90 -1.95 (-2.71%) May 14, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323