SpiceJet trades higher on the BSE

11 Sep 2018

Spicejet is currently trading at Rs. 80.00, up by 0.60 points or 0.76% from its previous closing of Rs. 79.40 on the BSE.

The scrip opened at Rs. 78.95 and has touched a high and low of Rs. 81.45 and Rs. 78.55 respectively. So far 598223 shares were traded on the counter.

The BSE group 'A' 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. 74.10 on 05-Sep-2018.

Last one week high and low of the scrip stood at Rs. 81.45 and Rs. 74.10 respectively. The current market cap of the company is Rs. 4795.60 crore.

The promoters holding in the company stood at 60.03%, while Institutions and Non-Institutions held 10.69% and 29.29% respectively.

SpiceJet is planning to hike fares in the next few months, on the back of rising fuel prices, falling rupee and intense competition which are taking a toll on the profitability of airlines. The Aviation turbine fuel (ATF) accounts for a significant chunk of an airline's operational expenses.

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

Related Spicejet Ltd. Links:

Spice Jet Share Price

69.80 -2.05 (-2.85%) May 14, 15:29
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323