New Delhi, Mar 14 () Shares of SpiceJet bounced back Thursday, rising by over 3 per cent, on emergence of value buying.
The stock gained 3.24 per cent to close at Rs 79.65 on BSE. During the day, it went up by 3.88 per cent to Rs 80.15.
On the volume front, 17.58 lakh shares were traded on BSE during the day.
SpiceJet shares took a beating on Wednesday after aviation regulator DGCA decided to ground Boeing 737 MAX 8 planes amid safety concerns.
The scrip of SpiceJet — which has 12 MAX 8 aircraft in its fleet — tumbled 8 per cent in intra-day trading Wednesday but managed to recoup losses to close little over 2 per cent lower at Rs 77.15 on BSE.
