Breaking News

You are here » Indian-Commodity  :  Equity & Shares  :  SpiceJet trades higher on the bourses

16-Aug2016

SpiceJet trades higher on the bourses

Spicejet is currently trading at Rs. 61.00, up by 1.95 points or 3.30% from its previous closing of Rs. 59.05 on the BSE.

The scrip opened at Rs. 58.95 and has touched a high and low of Rs. 61.90 and Rs. 57.00 respectively. So far 5514903 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 95.30 on 28-Jan-2016 and a 52 week low of Rs. 21.00 on 04-Sep-2015.

Last one week high and low of the scrip stood at Rs. 63.25 and Rs. 58.10 respectively. The current market cap of the company is Rs. 3671.63 crore.

The promoters holding in the company stood at 60.32%, while Institutions and Non-Institutions held 2.39% and 37.29% respectively.

 SpiceJet is reportedly adding three Bombardier Q400 aircraft to expand regional services, starting in October, to the northeast and elsewhere. The airline has 14 Q400 aircraft in service from its original order. It is the first such addition. The new aircraft will be based in Kolkata and used on existing and new routes in the northeast. The airline is planning a new Kolkata-Dhaka and Kolkata-Silchar service.

At present, it only flies to Guwahati and Agartala in northeast. SpiceJet operates nearly 300 daily flights and around 120 of these are operated with Q400 aircraft from Delhi, Chennai and Bengaluru. The number of daily flights is likely to increase by a fifth after induction of the new aircraft.

SpiceJet was among the first private companies that stepped into the Indian aviation sector. The airline was launched with an objective to deliver the lowest air fares with the highest consumer value, to price sensitive consumers.

 

 


Related News

View all news

SpiceJet flies high on the bourses

SpiceJet is currently trading at Rs. 71.60, up by 0.75 points or 1.06% from its previous closing of Rs. 70.85 on the BSE.The scrip opened at Rs. 71.70 and has touched a high and low of Rs. 72.25 and Rs.......

Sadbhav Infrastructure Project trades higher on the bourses

Sadbhav Infrastructure Project is currently trading at Rs. 106.60, up by 4.60 points or 4.51% from its previous closing of Rs. 102.00 on the BSE.The scrip opened at Rs. 109.60 and has touched a high and......

Sunshield Chemicals gains on getting MPCB approval to restart manufacturing activities

Sunshield Chemicals is currently trading at Rs. 188.00, up by 1.55 points or 0.83% from its previous closing of Rs. 186.45 on the BSE.The scrip opened at Rs. 187.20 and has touched a high and low of Rs.......

Top News

View all news

Hatsun Agro Product envisaging plans to set up dairy plant in Odisha

Hatsun Agro Product is envisaging plans to set up a dairy plant in the State of Odisha considering an attractive proposition for investment offered by the State of Odisha and has submitted 'Investment......

Tata Motors to launch new versions Tiago JPT, Tigor JPT: Report

Tata Motors is reportedly planning to launch two new versions of the car, namely, Tata Tiago JPT and Tata Tigor JPT, on October 26, 2018. In design, both cars look similar to their previous models Tiago......

Hero MotoCorp launches new Destini 125 scooter

Hero MotoCorp has launched the new Destini 125 scooter. The powerful Destini 125 aims to fortify the company's presence in the fast-growing 125cc scooter segment.The new Destini 125 will be available from......