Spicejet flies high on the bourses

14 Jun 2017

Spicejet is currently trading at Rs. 121.35, up by 1.20 points or 1.00% from its previous closing of Rs. 120.15 on the BSE.

The scrip opened at Rs. 120.25 and has touched a high and low of Rs. 121.95 and Rs. 118.10 respectively. So far 1973318 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 126.25 on 11-May-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. 122.70 and Rs. 105.55 respectively. The current market cap of the company is Rs. 7292.31 crore.

The promoters holding in the company stood at 60.25%, while institutions and non-institutions held 8.06% and 31.69% respectively.

Spicejet has entered into e-commerce retail venture with SpiceStyle which would offer fashion and lifestyle brands on its own portal as well as other online marketplaces. With this partnership, the company plans to open a new revenue stream and enhance its customer reach and engage a wider audience among active online shoppers.

SpiceJet was among the first private companies that stepped into the Indian aviation sector. It flies to 46 destinations, including 7 international ones, and operates an average of 342 flights every day.

Related Spicejet Ltd. Links:

Spice Jet Share Price

84.90 -2.65 (-3.03%) Mar 05, 16:49
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323