SpiceJet soars on reporting passenger load factor of 93.9% in May

18 Jun 2019

Spicejet is currently trading at Rs. 137.90, up by 4.30 points or 3.22% from its previous closing of Rs. 133.60 on the BSE.

The scrip opened at Rs. 138.80 and has touched a high and low of Rs. 139.90 and Rs. 136.50 respectively. So far 1096244 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 156.90 on 03-Jun-2019 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. 146.80 and Rs. 132.20 respectively. The current market cap of the company is Rs. 8252.12 crore.

The promoters holding in the company stood at 60.00%, while Institutions and Non-Institutions held 12.01% and 27.99% respectively.

SpiceJet has reported the Passenger Load Factor (PLF) of 93.9% during the month of May 2019. The company had reported PLF of 93.7% during the month of April 2019.

The PLF is a key indicator of the company’s performance, as it measures the average percentage of seats filled on airline’s aircraft fleet.

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

Related Spicejet Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323