New Delhi: Shares of SpiceJet surged more than 11 per cent on Friday after the airline said its chief Ajay Singh, along with Busy Bee Airways, has submitted a bid for bankrupt budget airline Go First.
The stock of no-frills carrier zoomed 11.28 per cent to close at Rs 70.81 apiece on the BSE. During the day, shares of the company hit an intra-day high of Rs 71.9, up 13 per cent.
In terms of volume, nearly 2.48 crore equity shares were traded on the BSE.
At the close of the trading session, the company market valuation rose to Rs 4,845.80 crore.
