SpiceJet flies high as the company to unground 10 aircraft by mid-April 2025
SpiceJet is currently trading at Rs. 49.93, up by 0.27 points or 0.54% from its previous closing of Rs. 49.66 on the BSE.
The scrip opened at Rs. 48.90 and has touched a high and low of Rs. 51.20 and Rs. 48.10 respectively. So far 3262433 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 79.90 on 16-Sep-2024 and a 52 week low of Rs. 46.00 on 09-Jul-2024.
Last one week high and low of the scrip stood at Rs. 56.00 and Rs. 48.10 respectively. The current market cap of the company is Rs. 6417.40 crore.
The promoters holding in the company stood at 29.13%, while Institutions and Non-Institutions held 31.24% and 39.63% respectively.
SpiceJet is all set to unground 10 aircraft by mid?April 2025 further strengthening its network and operational capabilities. These will include four Boeing 737 MAX planes.
This initiative will significantly increase the current fleet size of 28 aircraft, even as some aircraft are redelivered to lessors during the same period. The company added 10 planes to its fleet since October 2024, comprising three previously grounded aircraft brought back into service and seven inducted on lease.
Over the past three months, the company’s network expansion strategy has resulted in the addition of more than 60 new flights, further enhancing connectivity and service options for its passengers.
