SpiceJet gains on launching daily direct flight between Kanpur, Delhi

04 Jul 2018

Spicejet is currently trading at Rs. 110.05, up by 0.15 points or 0.14% from its previous closing of Rs. 109.90 on the BSE.

The scrip opened at Rs. 109.00 and has touched a high and low of Rs. 110.60 and Rs. 108.10 respectively. So far 189658 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 156.25 on 20-Dec-2017 and a 52 week low of Rs. 92.00 on 21-May-2018.

Last one week high and low of the scrip stood at Rs. 111.40 and Rs. 105.10 respectively. The current market cap of the company is Rs. 6599.95 crore.

The promoters holding in the company stood at 60.03%, while Institutions and Non-Institutions held 11.73% and 28.24% respectively.

SpiceJet has launched its first daily direct flight between Kanpur and Delhi. With this, the company is now operating on all sectors allotted to the airline under the first phase of UDAN and has also begun operations to airports like Hubli that it bagged in the second phase of UDAN.

The company now has 15 flights under UDAN on the Mumbai-Porbandar, Mumbai-Kandla, Hyderabad-Puducherry, Jaipur-Jaisalmer, Delhi-Adampur, Chennai-Hubli and Hyderabad-Hubli.

SpiceJet is among the first private companies that stepped into the Indian aviation sector.

Related Spicejet Ltd. Links:

Spice Jet Share Price

62.60 -0.20 (-0.32%) May 07, 15:15
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323