SpiceJet gains on inking pact with Uttar Pradesh government to fly on five new routes

12 Sep 2018

SpiceJet is currently trading at Rs. 79.70, up by 0.35 points or 0.44% from its previous closing of Rs. 79.35 on the BSE.

The scrip opened at Rs. 79.50 and has touched a high and low of Rs. 80.25 and Rs. 78.40 respectively. So far 1422514 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. 76.05 respectively. The current market cap of the company is Rs. 4774.62 crore.

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

SpiceJet has inked an agreement with Uttar Pradesh (UP) government to fly on five new routes in the state. The new routes on which flights will begin after clearances from the Union Civil Aviation Ministry and the UP government are Gorakhpur-Bengaluru, Kanpur-Mumbai, Kanpur-Bengaluru, Varanasi-Kolkata and Varanasi-Bengaluru.

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

Related Spicejet Ltd. Links:

Spice Jet Share Price

71.85 2.20 (3.16%) May 12, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323