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SpiceJet jumps on commencing Pune-Sharjah flight with effect from September 21

SpiceJet Ltd. | Airlines | Travel & Hospitality | BSE: 500285 | NSE: SPICEJET

23 Sep 2013 Evaluate

SpiceJet is currently trading at Rs. 22.50, up by 0.50 points or 2.27% from its previous closing of Rs. 22.00 on the BSE.

The scrip opened at Rs. 21.60 and has touched a high and low of Rs. 23.05 and Rs. 21.55 respectively. So far 22, 30,000 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. 18.05 on 30-Aug-2013.

Last one week high and low of the scrip stood at Rs. 22.40 and Rs. 20.10 respectively. The current market cap of the company is Rs. 1,170 crore.

The promoters holding in the company stood at 52.14% while Institutions and Non-Institutions held 11.49% and 36.37% respectively.

SpiceJet, the Kalanithi Maran owned budget carrier, has launched its Pune-Sharjah flight which will be effective from September 21, 2013. The airline will deploy new generation Boeing 737-800 aircraft and has kept introductory fare of just Rs 12,000 for a two-way journey.

With these additions, the airline will be now connecting 10 international destinations daily with 350 domestic flights from 45 cities. Its international destinations are Dubai, Colombo, Kabul, Kathmandu, Riyadh, Guangzhou, Male, Muscat and Sharjah.

Besides, the budget carrier is also in talks with Air Arabia for an ‘interline arrangement’. Interline Arrangement is a deal under which the same ticket covers different legs of the journey flown by different airlines. It was also in talks with Tiger Air of Singapore for a code share partnership. SpiceJet is the only domestic carrier to launch direct connectivity to Sharjah from Pune and the airline will soon announce a direct flight to Bangkok from the city as well.

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
View more..

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SpiceJet jumps on commencing Pune-Sharjah flight with effect from September 21

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