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22-Mar2019

SpiceJet jumps on reporting passenger load factor of 94% in February

Spicejet is currently trading at Rs. 99.05, up by 7.40 points or 8.07% from its previous closing of Rs. 91.65 on the BSE.

The scrip opened at Rs. 93.50 and has touched a high and low of Rs. 104.70 and Rs. 93.30 respectively. So far 9923213 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 142.00 on 10-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. 104.70 and Rs. 77.05 respectively. The current market cap of the company is Rs. 5931.21 crore.

The promoters holding in the company stood at 60.03%, while Institutions and Non-Institutions held 10.05% and 29.93% respectively.

SpiceJet has reported the Passenger Load Factor (PLF) of 94.0% during the month of February 2019. The company had reported PLF of 90.9% during the month of January 2019.

The PLF is a key indicator of the company's performance, as it measures the average percentage of seats filled on airline's aircraft fleet.

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


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