Shares of SpiceJet have risen almost 13% during the last one month after the company announced plans to raise Rs 2,250 crore through the preferential issue of shares and warrants. However, after the shareholder’s approval, the company’s shares fell 6.3% from the 52-week high of Rs 69.20. During the intraday, the stock fell 0.5% to Rs 65.10.
The stock of SpiceJet rose above 119% in the past six months and has risen nearly 74% in the last one year.
