SpiceJet gains on introducing two new flights from Jaipur and Hyderabad to Dubai

15 Jan 2016

SpiceJet is currently trading at Rs. 79.10, up by 1.25 points or 1.61% from its previous closing of Rs. 77.85 on the BSE.

The scrip opened at Rs. 78.80 and has touched a high and low of Rs. 79.50 and Rs. 78.50 respectively. So far 4,46,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 85.90 on 01-Jan-2016 and a 52 week low of Rs. 16.70 on 27-Apr-2015.

Last one week high and low of the scrip stood at Rs. 83.95 and Rs. 74.70 respectively. The current market cap of the company is Rs. 4,759.00 crore.

The promoters holding in the company stood at 60.32% while Institutions and Non-Institutions held 0.61% and 39.08% respectively.

SpiceJet has launched two new flights from Jaipur and Hyderabad to Dubai. Following the introduction of these two new flights, the airline now connects ten Indian cities with Dubai every day.

The Budget carrier is offering an introductory one-way offer of Rs 6,499 (all-inclusive) between Jaipur and Dubai. The Hyderabad-Dubai fares start at Rs 7,999 (all-inclusive), while the Dubai-Hyderabad fares are available at Rs 7,199 (all-inclusive) on a first-come-first-served basis. The new services commence on February 16.

SpiceJet was among the first private companies that stepped into the Indian aviation sector. The airline was launched with an objective to deliver the lowest air fares with the highest consumer value, to price sensitive consumers. The company has alliance with some of the best names known globally like Honeywell, Weber Seats, etc, to ensure highest safety standards.

Related Spicejet Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323