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.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
