Spicejet went up by 4.12 per cent to Rs 34.10 on reports that the Madurai-based business class airline, Paramount Airways is in talks with the company for a buyout.

<tr><td><p class='TableClas'></p><P class='TableClas'> <DIV CLASS=rightDiv><script language="JavaScript">
		google_ad_client = 'businessstandard';
		//google_ad_client = 'ca-businessstandard_js';
		google_ad_width = 200;
		google_ad_height = 200;
		google_ad_format = "200x200_as";
		google_ad_type = "text";
		google_ad_channel = "";
		//google_color_border = "FFFFFF";
		google_color_border = "F7F7F7";
		//google_color_bg = "FFFFFF";
		google_color_bg = "ffffff";
		//google_color_link = "639ACE";
		google_color_link = "0253B7";
		google_color_text = "000000";
		google_color_url = "D63431";
		//google_skip = adsenseSkip;
		</script> 
		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>Just a couple of days ago, there were reports that Vijay Mallya and Anil Ambani had shown an interest in acquiring a stake in the low-cost carrier, SpiceJet. 
</p><p class='TableClas'>SpiceJet has a fleet of 18 aircraft and is looking at expanding this to 23 this year by raising Rs 400 crore through a stake-sale. The stock had a 52-week high of Rs 104.80 on January 8 and a 52-week low of Rs 29.50 more recently on June 3. </P></p></table>


Spicejet flies high on buyout talks

DALAL STREET SPIKES

More From This Section

Idea shares fall after Q3 earnings disappoint

BofA-Merrill raises Indiabulls to 'buy', stock gains

Suzlon stocks jump 17% on CDR approval

Maruti Suzuki rallies as Q3 profit beats analyst's estimates

Explore News