1/7
SpiceJet, the airline which was on the verge of closure till it was sold back to its original promoters in 2015, on Thursday surged past Jet Airways, its much larger peer, in terms of market capitalisation.
In This Pic : SpiceJet
Pic Courtesy : BCCL
Read More
2/7
At Thursday's close, SpiceJet had a market cap of Rs 5,599 crore, compared to Jet Airways's Rs 5,464 crore, BSE data showed. Interglobe Aviation, the owner of IndiGo which has a market cap of about Rs 35,300 crore, remains the most valued airline company in the country.
In This Pic : SpiceJet
Pic Courtesy : BCCL
Read More
3/7
SpiceJet founder Ajay Singh, who had sold the airline to the Chennai-based Maran family in 2010, paid just Rs 2 to buy it back from Marans in January 2015. At that time, the stock price of the low-cost airline hovered around the Rs 16.50 level. Since Singh took charge of the airline, the stock price has risen steadily and on Thursday it closed at Rs 93.50, a surge of nearly six times in about 26 months.
In This Pic : SpiceJet
Pic Courtesy : BCCL
Read More
4/7
In comparison, the stock price of Jet Airways, which was at about Rs 400 in early 2015, has fluctuated between Rs 525 and Rs 250, and on Thursday closed at Rs 481.
In This Pic : SpiceJet
Pic Courtesy : BCCL
Read More
5/7
According to a report by SBICap Securities, by the end of this fiscal, SpiceJet should have 50 aircraft, compared to 113 by Jet Airways and 132 by IndiGo.
In This Pic : SpiceJet
Pic Courtesy : BCCL
Read More
खबरें एक झलक में :
ऐप पर देखें