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SpiceJet flies high on unveiling Hyderabad-Colombo service

06 Mar 2019 Evaluate

Spicejet is currently trading at Rs. 84.65, up by 1.25 points or 1.50% from its previous closing of Rs. 83.40 on the BSE.

The scrip opened at Rs. 84.00 and has touched a high and low of Rs. 85.95 and Rs. 83.20 respectively. So far 784305 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 142.00 on 12-Mar-2018 and a 52 week low of Rs. 60.60 on 04-Oct-2018.

Last one week high and low of the scrip stood at Rs. 85.95 and Rs. 77.40 respectively. The current market cap of the company is Rs. 5019.64 crore.

The promoters holding in the company stood at 60.03%, while Institutions and Non-Institutions held 10.05% and 29.93% respectively.

SpiceJet has unveiled Hyderabad-Colombo service along with the launch of 11 other new direct flights on domestic routes from March 31 onwards. The Hyderabad-Colombo route will commence from April 15 and operate on all days except Tuesdays and Wednesdays.

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

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