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SpiceJet gains on entering into partnership with Liberty General Insurance

14 Sep 2020 Evaluate

Spicejet is currently trading at Rs. 51.50, up by 0.20 points or 0.39% from its previous closing of Rs. 51.30 on the BSE.

The scrip opened at Rs. 52.30 and has touched a high and low of Rs. 52.30 and Rs. 51.10 respectively. So far 127659 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 135.00 on 13-Sep-2019 and a 52 week low of Rs. 30.80 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 54.20 and Rs. 49.75 respectively. The current market cap of the company is Rs. 3075.54 crore.

The promoters holding in the company stood at 59.93%, while Institutions and Non-Institutions held 10.53% and 29.54% respectively.

SpiceJet has entered into partnership with Liberty General Insurance (Liberty) to offer 'Liberty Secure Travel' an insurance policy to consumers who book airline travel through SpiceJet's website and mobile site. Applicable across SpiceJet's domestic network, Liberty's new Zero Cancellation service offered under the Liberty Secure Travel Policy allows passengers to seamlessly cancel tickets and claim full reimbursement of the cancellation charges in case they are unable to fly due to any unavoidable circumstances.

Customers can avail the offering by paying an additional nominal fee and adding the insurance cover while booking the flight ticket. With Zero Cancellation insurance, passengers can claim a full cancellation fee reimbursement for a flight booking made in advance not beyond 90 days. The sum insured in the event of a ticket cancellation is Rs 5000. The premium for a single passenger on a single flight booking will vary anywhere between Rs 399 for bookings made in advance of a minimum of 7 days to Rs 643 for a maximum of 30-90 days.

SpiceJet is India’s favourite airline that has made flying affordable for more Indians than ever before.

SpiceJet Share Price

14.77 -0.23 (-1.53%)
24-Apr-2026 15:23 View Price Chart
Peers
Company Name CMP
Interglobe Aviation 4517.25
SpiceJet 14.77
Raymond 435.05
Global Vectra Helico 182.60
Taneja Aerospace 278.90
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