SpiceJet flies high on offering 25% discount for friends and family travel

Spicejet is currently trading at Rs. 14.85, up by 0.50 points or 3.48% from its previous closing of Rs. 14.35 on the BSE. The scrip opened at Rs. 14.45 and has touched a high and low of Rs. 15.05 and Rs. 14.45 respectively. So far 1131386 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 40.90 on 20-May-2013 and a 52 week low of Rs. 12.50 on 04-Mar-2014. Last one week high and low of the scrip stood at Rs. 15.60 and Rs. 14.20 respectively. The current market cap of the company is Rs. 797.57 crore. The promoters holding in the company stood at 53.48% while Institutions and Non-Institutions held 1.60% and 44.92% respectively. SpiceJet has launched ‘Friends and Family’ offer under which the company is offering up to 25% discount on tickets for four or more passengers travelling together on domestic flights. However, a limited number of seats are available under the offer on each flight. This offer will give the customers even more reasons to recommend it to their family and friends to fly with the no-frill carrier. SpiceJet is India’s most preferred airline delivers the lowest air fares with the highest consumer value. The airline currently operates more than 350 daily flights to over 44 Indian cities and 9 international destinations.