SpiceJet takes off on prospective stake sale

DALAL STREET SPIKES

The Kansagra family owns 12.91 per cent in the airline, which has a 10 per cent share in the Indian market and a market capitalisation of Rs 945 crore.

The stock saw total volumes of 24.29 lakh shares, in line with its two-week average volumes of 22.4 lakh shares. It hit a 52-week high of Rs 104.80 on January 8 and then corrected by about 64 per cent to a 52-week low of Rs 37.30 on March 26 this year.