SpiceJet Ltd share Price Today

SpiceJet is a domestic low-budget air carrier offering scheduled flights between major cities in India. The company operates a fleet of Boeing 737 aircraft. It was incorporated in 2004 with its headquarters in Gurgaon, Haryana. During FY 2020-2021, the company recorded a total revenue of Rs 6,119.39 crore, down 53.66% from the previous financial year, 2019-2020. The company’s market capitalisation stood at Rs 2,858 crore on 8 August 2022.  

The company is listed on the Bombay Stock Exchange with the code 500285, and on the National Stock Exchange with the code SPICEJET.  

SpiceJet provides e-booking and e-ticketing facilities along with telephone booking. Its mission is to become India’s preferred low-cost airline. It covers 53 destinations, including international destinations, such as Sharjah, Riyadh, Muscat, Male, Dubai, Kabul, Colombo, and more. For the quarter ended December 2021, the company posted a profit of Rs 42.47 crore after reporting losses for three consecutive quarters. The EBIT for the December 2021 quarter was Rs 130.19 crore. 

The company’s shareholding pattern on 30 June 2022 showed a 59.4% promoter stake with 44.24% of the holdings pledged. The foreign institutional investor stake was 1.18%, the domestic institutional investor stake was 0.04%, and the public stake was 39.38%. The leading promoter was Mr Ajay Singh, SpiceJet’s chairman and managing director, with a 50.57% share.  

The company’s key people include Mr Manoj Kumar, Mrs Shiwani Singh, Mr Ajay Aggarwal, and Mr Anurag Bhargava. It has S R Batliboi & Associates LLP as its auditors. SpiceJet Ltd. disclosed a total of 60.18 crore shares outstanding on 30 June 2022.  

SpiceJet Ltd.’s share price on BSE closed at Rs 47.50 on 8 August 2022. It closed at the same price, Rs 47.50, on NSE. The 52-week high for SpiceJet Ltd.’s share price was Rs 87.30, and the 52-week low for the company’s share price was Rs 34.75.  

As of 30 June 2022, Nippon India Nifty Smallcap 250 Index Fund had a 0.13% stake in the company. Motilal Oswal Nifty Smallcap 250 Index Fund also had a 0.13% stake, while ICICI Prudential Nifty Smallcap 250 Index Fund and ICICI Prudential S&P BSE 500 ETF had a 0.13% and 0.01% stake, respectively.  

The company’s peers include Jet Airways (India), InterGlobe Aviation, Global Vectra Helicorp, and Jagson Airlines. 

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