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SpiceJet soars on planning to launch 20 new flights on domestic routes

19 Feb 2020 Evaluate

SpiceJet is currently trading at Rs. 87.05, up by 3.00 points or 3.57% from its previous closing of Rs. 84.05 on the BSE.

The scrip opened at Rs. 84.50 and has touched a high and low of Rs. 89.65 and Rs. 83.70 respectively. So far 496992 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. 72.50 on 13-Mar-2019.

Last one week high and low of the scrip stood at Rs. 93.40 and Rs. 81.55 respectively. The current market cap of the company is Rs. 5211.55 crore.

The promoters holding in the company stood at 59.96%, while Institutions and Non-Institutions held 12.07% and 27.97% respectively.

SpiceJet is planning to launch 20 new flights on its domestic routes, including some services under the government's regional connectivity scheme, UDAN, from late next month as part of the airline's summer schedule.

The new flights, starting from March 29, include services to Patna from Amritsar, Varanasi and Guwahati. Besides, it will also launch flights on Hyderabad-Mangaluru, Bengaluru-Jabalpur and Mumbai-Aurangabad routes, all under the Regional Connectivity Scheme (RCS), for the first time on its network. The new services will fly daily and will be operated by a mix of Boeing 737-800 and Bombardier Q400 aircraft. These services will enhance connectivity between key metros and smaller cities.

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

SpiceJet Share Price

15.00 0.38 (2.60%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Interglobe Aviation 4555.65
SpiceJet 15.00
Raymond 444.30
Global Vectra Helico 189.00
Taneja Aerospace 275.15
View more..

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