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Who would have thought SpiceJet would rally 600% in two years!

The gains have come after Ajay Singh took over the reins from Kalanithi Maran in February 2015

Aprajita Sharma  |  New Delhi 

Change of guard at SpiceJet coupled with a buoyant market seems to have made fortunes for the shareholders of low-cost airline. The stock has gained a whopping 600% in the last two years, as against just 13% rise in benchmark Sensex.  The stock, which was quoting at Rs 18 levels on June 22, 2015, has zoomed as much as 627% to Rs 132 levels till Thursday.  The gains have come after Ajay Singh, the co-founder of the airline, took over the reins from Kalanithi Maran in February 2015 to join as the Chairman and Managing Director of the company.  CLICK HERE TO ...

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First Published: Fri, June 23 2017. 12:58 IST
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