Friday, March 24, 2017

Spice Jet outweighs Air India to become 2nd most valued aviation company

Mumbai: SpiceJet has surpassed Air India to secure 2nd place in Most Valued Aviation Company and continue to retain the top position after a stiff competition.
 Spice Jet's m-cap surged to  Rs 5,598 crore which topped Jet's 5,464 crore valuation.
 For the 2nd day, the aviation player was ahead of Air India that has a valuation of Rs 5606.76 crore in the afternoon trade on BSE.
 Spice Jet shares ended in BSE gaining the trade up by 0.80% at Rs 94.20.
 Jet airways shares ended up by 2.38% at Rs 492 per share.
 InterGlobe Aviation operated Indigo, is the most valued aviation player by a wide margin at a market cap of Rs. 36,652.89 crore securing the first position in the list of Most Valued Aviation Company.
24/03/17 India Infoline