Shares of SpiceJet continued to rise for fourth day in a row Tuesday, zooming over 11 per cent on plans to expand its fleet and announcement of new international destinations.
The scrip jumped 11.19 per cent to close at Rs 132.70 on BSE. During the day, it climbed 13.78 per cent to Rs 135.80.
On the traded volume front, 229.15 lakh shares were traded on BSE during the day.
Shares of SpiceJet zoomed nearly 9 per cent Monday amid the company announcing that it will launch direct flights from Mumbai to seven international destinations, including Colombo, Jeddah, Dhaka, Riyadh and Hong Kong.
In four days, the scrip has gained 40.49 per cent.
The move is aimed at augmenting capacity in the domestic markets especially on regional routes, following the near collapse of Jet Airways, which has resulted in massive surge in air fares besides mismatch in demand and supply amid peak travel season.
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