SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Spicejet flies high on the buzz of JP Morgan engaging in talks for $200 million investment

26 Dec 2014 Evaluate

Spicejet is currently trading at Rs. 19.05, up by 1.40 points or 7.93% from its previous closing of Rs. 17.65 on the BSE.

The scrip opened at Rs. 18.65 and has touched a high and low of Rs. 19.50 and Rs. 18.65 respectively. So far 12834828 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 22.20 on 26-May-2014 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 19.50 and Rs 12.65 respectively. The current market cap of the company is Rs 1141.95 crore.

The promoters holding in the company stood at 53.48%, while Institutions and Non-Institutions held 0.83% and 45.69% respectively.

A fund managed by JPMorgan Chase is reportedly in advanced talks to partner with Beleaguered budget carrier SpiceJet for a planned $200 million investment.

Meanwhile, Ajay Singh, who helped set up the low-cost airline in 2005, is leading a rescue plan for SpiceJet and has met with aviation ministry officials to discuss a revival plan. The company is looking to partner some US-based private equity investors to help fund the airline.

The airline has been registering loss for last five consecutive quarters. The Net loss for the quarter ended September 2014 was Rs 310.4 crore as compared to net loss of Rs 559.4 crore of corresponding quarter ended September 2013.

SpiceJet Share Price

13.88 -0.26 (-1.84%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Interglobe Aviation 4638.75
SpiceJet 13.88
Raymond 422.05
Global Vectra Helico 203.85
Taneja Aerospace 281.55
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×