SpiceJet surges on plan to operate direct flights to Dubai from Amritsar, Kozhikode

06 Oct 2015

Spicejet is currently trading at Rs 30.10, up by 1.05 points or 3.61% from its previous closing of Rs 29.05 on the BSE.

The scrip opened at Rs. 29.00 and has touched a high and low of Rs. 30.65 and Rs. 28.70 respectively. So far 4851839 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 29.65 on 01-Oct-2015 and a 52 week low of Rs. 11.25 on 16-Dec-2014.

Last one week high and low of the scrip stood at Rs. 29.65 and Rs. 25.85 respectively. The current market cap of the company is Rs. 1819.33 crore.

The promoters holding in the company stood at 60.31% while Institutions and Non-Institutions held 0.75% and 38.94% respectively.

SpiceJet, the second largest low-cost airline, has decided to start two direct flights to Dubai -- one each from Amritsar and Kozhikode -- from next month and offered an all-inclusive introductory one-way fare of Rs 4,999.  With the launch of these flights, the company will be serving Dubai direct from eight Indian cities -- Delhi, Mumbai, Ahmedabad, Pune, Kochi, Madurai, Amritsar and Kozhikode. Bookings for tickets are open now and flight services will commence from November 15, 2015. Dubai is one of SpiceJet’s six international destinations besides Bangkok, Colombo, Kabul, Male and Muscat.

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

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323