SpiceJet rose 3 per cent to Rs 30.29 on the BSE on reports that its UK-based promoter Bhupendra Kansagra is willing to divest the family stake in the airline.

<tr><td><p class='TableClas'></p><P class='TableClas'> <DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>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. 
</p><p class='TableClas'>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. </P></p></table>


SpiceJet takes off on prospective stake sale

DALAL STREET SPIKES

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