SpiceJet flies high on the bourses

08 May 2015

Spicejet is currently trading at Rs. 17.20, up by 0.20 points or 1.18% from its previous closing of Rs. 17.00 on the BSE.

The scrip opened at Rs. 17.15 and has touched a high and low of Rs. 17.70 and Rs. 17.00 respectively. So far 804149 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 25.70 on 25-Feb-2015 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. 19.05 and Rs. 16.80 respectively. The current market cap of the company is Rs. 1043.04 crore.

The promoters holding in the company stood at 60.31% while Institutions and Non-Institutions held 0.78% and 38.91% respectively.

Budget carrier SpiceJet has introduced additional flights connecting Delhi to Amritsar, Bengaluru, and Dharamshala for the peak summer period, and to Dehradun until October 24.

The Amritsar, Dehradun and Dharamshala flights will be operated by the company’s Bombardier Q400 aircraft, and the Bangalore flight by Boeing 737s. With these new flights, frequency of service for the summer will increase from 7 to 13 flights weekly to Dharamshala, from 7 to 14 flights weekly to Amritsar, from 14 to 20 flights weekly to Dehradun, and from 21 to 25 flights weekly to Bengaluru from Delhi.

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

Related Spicejet Ltd. Links:

Spice Jet Share Price

62.60 -0.20 (-0.32%) May 07, 18:03
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323