SpiceJet strengthens on unveiling three-day sale offering base fare at Rs 399

10 Aug 2016

SpiceJet is currently trading at Rs. 60.90, up by 0.10 points or 0.16% from its previous closing of Rs. 60.80 on the BSE.

The scrip opened at Rs. 60.05 and has touched a high and low of Rs. 62.10 and Rs. 60.05 respectively. So far 18,23,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 95.30 on 28-Jan-2016 and a 52 week low of Rs. 21.00 on 04-Sep-2015.

Last one week high and low of the scrip stood at Rs. 63.25 and Rs. 60.05 respectively. The current market cap of the company is Rs. 3,656.00 crore.

The promoters holding in the company stood at 60.32%, while Institutions and Non-Institutions held 2.39% and 37.29% respectively.

SpiceJet has launched a three-day sale, offering one-way fare as low as Rs 399, excluding surcharges and taxes, for travel to select destinations in its domestic network. The sale, called Great Independence Day Sale, would be open till midnight on August 11 for the travel period from August 18 to September 30, 2016.

In the international network, the base fare starting at Rs 2,999, excluding taxes and charges, is available for Dubai - Delhi and Dubai - Mumbai routes. Tickets for this new sale can be booked on company’s website, online travel portals, SpiceJet mobile app and through travel agents.

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.


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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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