SpiceJet rises on the buzz of reporting highest load factors of 93.2% during June

17 Jul 2015

SpiceJet is currently trading at Rs. 21.30, up by 0.50 points or 2.40% from its previous closing of Rs. 20.80 on the BSE.

The scrip opened at Rs. 21.00 and has touched a high and low of Rs. 21.50 and Rs. 20.75 respectively. So far 1019332 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. 21.65 and Rs. 19.90 respectively. The current market cap of the company is Rs. 1249.85 crore.

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

SpiceJet has reported the highest load factors of 93.2% during the month of June on the back of its discount offering followed by IndiGo that is at 86.6%, as per passenger data for June compiled by Directorate General of Civil Aviation (DGCA).

In terms of market share, IndiGo remained the largest carrier by carrying 38.4% passengers during the month. Jet Group came second by carrying 21.1% of total passengers.

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.

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Spice Jet Share Price

62.90 1.30 (2.11%) May 06, 12:07
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323