Home / News / Asia / SpiceJet flies high on the bourses

SpiceJet flies high on the bourses

Mumbai : Spicejet is currently trading at Rs. 116.65, up by 6.75 points or 6.14% from its previous closing of Rs. 109.90 on the BSE. The scrip opened at Rs. 113.20 and has touched a high and low of Rs. 118.00 and Rs. 113.20 respectively. So far 1008875 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 139.30 on 23-Apr-2018 and a 52 week low of Rs. 60.60 on 04-Oct-2018. Last one week high and low of the scrip stood at Rs. 118.00 and Rs. 93.00 respectively. The current market cap of the company is Rs. 6590.90 crore. The promoters holding in the company stood at 60.00%, while Institutions and Non-Institutions held 12.01% and 27.99% respectively.

SpiceJet will connect Mumbai to a host of international destinations with direct non-stop flights to Hong Kong, Jeddah, Dubai, Colombo, Dhaka, Riyadh, Bangkok and Kathmandu. The new international flights will commence from May-end.

The company will be first and only Indian budget carrier to launch daily direct flights on the Mumbai-Colombo, Mumbai-Dhaka, Mumbai-Riyadh, Mumbai-Hong Kong and Mumbai-Kathmandu sectors. The airline will be deploying its Boeing 737 NG aircraft on the new routes. SpiceJet is among the first private companies that stepped into the Indian aviation sector.

The post SpiceJet flies high on the bourses appeared first on Udaipur News | Udaipur Latest News | udaipur local news.

x

Check Also

Assembly polls in Andhra, Arunachal & Sikkim completed

Assembly polls in Andhra, Arunachal & Sikkim completed

Voting concludes for Andhra Pradesh, Arunachal Pradesh and Sikkim first phase voting ...

Bharti Airtel to raise Rs 25,000 crore via rights issue

Bharti Airtel to raise Rs 25,000 crore via rights issue

Mumbai : Bharti Airtel is all set of open its rights issue ...