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SpiceJet rises on plan to induct six new aircraft within 30 days

12 Oct 2015

SpiceJet is currently trading at Rs. 29.80, up by 0.50 points or 1.71% from its previous closing of Rs. 29.30 on the BSE.

The scrip opened at Rs. 29.60 and has touched a high and low of Rs. 30.00 and Rs. 29.45 respectively. So far 4,53,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 30.80 on 07-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. 30.80 and Rs. 28.55 respectively. The current market cap of the company is Rs. 1,786.00 crore.

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

Budget passenger carrier SpiceJet has embarked upon a major fleet and flight expansion programme for the upcoming winter season. The company will induct six new aircraft within 30 days.

Currently, the airline has in its next generation fleet 20 Boeing 737 and 1 Airbus A319 aircraft along with 14 Bombardier Q-400 aircraft. Further, the company has unveiled a new winter schedule, raising a total daily flight operation to 291 from the current 250, adding 10 new sectors, 30 new frequencies and 22 connecting flights.

Related Spicejet Ltd. Links:

Spice Jet Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323