MoneyWorks4Me

SpiceJet gains on commencing daily direct Delhi-Surat-Delhi service

27 Mar 2017 Evaluate

SpiceJet is currently trading at Rs. 96.10, up by 1.90 points or 2.02% from its previous closing of Rs. 94.20 on the BSE.

The scrip opened at Rs. 94.70 and has touched a high and low of Rs. 96.10 and Rs. 94.40 respectively. So far 5,27,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 97.40 on 24-Mar-2017 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. 97.40 and Rs. 83.30 respectively. The current market cap of the company is Rs. 5,760.00 crore.

The promoters holding in the company stood at 60.32%, while Institutions and Non-Institutions held 3.40% and 36.28% respectively.

SpiceJet has launched its daily direct Delhi-Surat-Delhi service with a traditional flag-off and lamp lighting ceremony at Surat airport on March 26, 2017. The new flight is in line with the emphasis being laid on regional connectivity. The twice daily flights will offer immense flexibility to the corporate and leisure travellers on the SpiceJet network.

The company has recently flagged-off its first daily direct flight services to Dhaka from Kolkata, making it the seventh international destination for the low-cost carrier.

SpiceJet was among the first private companies that stepped into the Indian aviation sector. It operates more than 340 daily flights to 45 destinations, including 6 international ones.


Peers
Company Name CMP
Interglobe Aviation 4890.00
SpiceJet 9.82
TAAL Tech 1049.95
Taneja Aerospace 329.70
Global Vectra Helico 135.25
View more..