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SpiceJet hits 9-year high; up over 60% in less than two months

Since February 15, SpiceJet rallied 68% as compared to 4% rise in the S&P BSE Sensex

SpiceJet
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SI Reporter Mumbai
SpiceJet rallied to over nine year high of Rs 101, up 7.4% on BSE in intra-day trade, extending its past two days 12% surge on back of heavy volumes.

The stock of airline Company was trading at its highest level since January 9, 2008. It hit a record high of Rs 115 on September 5, 2005 during intra-day trade.

SpiceJet outperformed the market by gaining 68% in less than two months from Rs 60 on February 15, 2017, as compared to 4% rise in the S&P BSE Sensex. Jet Airways (up 42%) and InterGlobe Aviation (up 29%) were