SpiceJet is currently trading at Rs. 36.85, up by 1.30 points or 3.66% from its previous closing of Rs. 35.55 on the BSE.
The scrip opened at Rs. 35.45 and has touched a high and low of Rs. 39.80 and Rs. 35.15 respectively. So far 12649818 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 41.30 on 17-Sep-2012 and a 52 week low of Rs. 15.35 on 22-Dec-2011.
Last one week high and low of the scrip stood at Rs. 39.80 and Rs. 34.90 respectively. The current market cap of the company is Rs. 1801.78 crore.
The promoters holding in the company stood at 48.59% while Institutions and Non-Institutions held 15.95% and 35.46% respectively.
SpiceJet, India’s second-largest low-fare airline is likely to offer discount of up to 40% on the basic fare, following other domestic carriers that have recently offered discounts. It aims to cash in on the upcoming festival season. Further, the company is also in advanced discussions with two private equity investors to raise at least $50 million.
Recently, company had launched Delhi-Dehradun flights as a part of its expansion plan in northern India and to increase its market share. The airline company has launched two daily direct flights to Dehradun from Delhi and would be operating one flight in the morning and one in evening.
| Company Name | CMP |
|---|---|
| Interglobe Aviation | 4638.75 |
| SpiceJet | 13.88 |
| Raymond | 422.05 |
| Global Vectra Helico | 203.85 |
| Taneja Aerospace | 281.55 |
| View more.. | |
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