SpiceJet gains on plan to order 92 Boeing Co 737 jetliners

09 Jan 2017

Spicejet is currently trading at Rs. 63.85, up by 0.30 points or 0.47% from its previous closing of Rs. 63.55 on the BSE.

The scrip opened at Rs. 63.95 and has touched a high and low of Rs. 64.40 and Rs. 62.10 respectively. So far 2165013 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. 54.50 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 64.70 and Rs. 55.55 respectively. The current market cap of the company is Rs. 3824.49 crore.

The promoters holding in the company stood at 60.32%, while Institutions and Non-Institutions held 2.12% and 37.56% respectively.

In order to increase its footprints in the world’s fastest growing aerospace market, budget airline SpiceJet is reportedly planning to order at least 92 Boeing Co 737 jetliners. The order could be worth about $10.1 billion. The deal, which would more than double SpiceJet’s 40-plane fleet, may be closed within weeks.

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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Spice Jet Share Price

62.60 -0.20 (-0.32%) May 07, 18:03
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323