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.
| Company Name | CMP |
|---|---|
| Interglobe Aviation | 4638.75 |
| SpiceJet | 13.88 |
| Raymond | 422.05 |
| Global Vectra Helico | 203.85 |
| Taneja Aerospace | 281.55 |
| View more.. | |
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