Shares of SpiceJet surged 9% on weekday following reports that the budget carrier would submit a revival arrange to the govt on the idea of a planned investment of $200 million from founder promoter Ajay Singh and US-based JP Morgan Chase.
SpiceJet's certificate jumped 9.07 per cent to settle at Rs 19.25 on the BSE sensex. throughout the day, it gained 11% to Rs 19.60.
In terms of volume, 311.76 large integer shares of the corporate modified hands on the BSE sensex throughout the day.
SpiceJet would submit a revival arrange to the govt nowadays on the idea of a planned investment of $200 million from origination promoter Ajay Singh and US-based JP Morgan Chase, official sources had said yesterday.
The potential investors square measure doubtless to shop for stake from current promoter Kalanithi Maran by infusing $200 million inside a month to assist the airline keep afloat. Besides Singh, a fund managed by JP Morgan Chase would even be one amongst the investors, official sources had aforesaid.
The no-frill carrier's dues to vendors, aerodrome operators and oil corporations had big from Rs 990 large integer to Rs 1,230 large integer between Nov twenty four and Dec ten, as per information provided by the airline to the Civil Aviation Ministry.
SpiceJet's certificate jumped 9.07 per cent to settle at Rs 19.25 on the BSE sensex. throughout the day, it gained 11% to Rs 19.60.
In terms of volume, 311.76 large integer shares of the corporate modified hands on the BSE sensex throughout the day.
SpiceJet would submit a revival arrange to the govt nowadays on the idea of a planned investment of $200 million from origination promoter Ajay Singh and US-based JP Morgan Chase, official sources had said yesterday.
The potential investors square measure doubtless to shop for stake from current promoter Kalanithi Maran by infusing $200 million inside a month to assist the airline keep afloat. Besides Singh, a fund managed by JP Morgan Chase would even be one amongst the investors, official sources had aforesaid.
The no-frill carrier's dues to vendors, aerodrome operators and oil corporations had big from Rs 990 large integer to Rs 1,230 large integer between Nov twenty four and Dec ten, as per information provided by the airline to the Civil Aviation Ministry.
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