SpiceJet hits 52-week high on heavy volumes; stocks surges 27% in 3 days

Shares of SpiceJet hit a 52-week high of Rs 48.38, up 10 per cent on the BSE in Thursday’s intra-day trade amid heavy volumes in an otherwise range-bound market. The stock of airline company was trading higher for the third straight day, surging 27 per cent during the period.

In comparison, the S&P BSE Sensex was up 0.04 per cent at 66,052 at 12:23 PM. The average trading volumes at the counter jumped four-fold today, with 21.24 million equity shares changing hands on the BSE so far. An average 4.8 million shares were traded in past 10 days, the exchange data shows.

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