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SpiceJet gains on launching second international flight from Kochi connecting Dubai

11 Dec 2012 Evaluate

SpiceJet is currently trading at Rs 47.45, up by 1.25 points or 2.71% from its previous closing of Rs 46.20 on the BSE.

The scrip opened at Rs 46.70 and has touched a high and low of Rs 48.40 and Rs 46.65 respectively. So far 2175991 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 50.90 on 07-Dec-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. 50.90 and Rs. 43.35 respectively. The current market cap of the company is Rs. 2315.19 crore.

The promoters holding in the company stood at 48.59 % while Institutions and Non-Institutions held 14.56 % and 36.86 % respectively.

SpiceJet, the Sun group-promoted budget airline company, has launched its second international flight from Kochi connecting Dubai. The company has launched this flight as it has been working on new destinations in the domestic market and international routes since it has set its sights on expanding coverage in phases on a regular basis. The airline company is offering a daily direct flight from Kochi to Dubai with an inaugural low ticket fare of Rs 4,999 one way fare inclusive of all taxes.

The airline company currently operates direct daily flights to Dubai from Delhi and Mumbai. The airline would also launch a flight to Dubai from Ahmedabad later this month. Besides, it will also launch Delhi-Riyadh and Delhi- Guangzhou flights from coming month.

With these new routes, the total number of international destinations on SpiceJet network would increase to six. At present, SpiceJet offers flights to Kathmandu (Nepal), Colombo (Sri Lanka), Kabul (Afghanistan), Dubai (UAE) and Male (Maldives).

SpiceJet Share Price

13.88 -0.26 (-1.84%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Interglobe Aviation 4638.75
SpiceJet 13.88
Raymond 422.05
Global Vectra Helico 203.85
Taneja Aerospace 281.55
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