SpiceJet shares up more than 4%

SpiceJet shares gained over 4 per cent on Monday after the company said it plans to hire up to 2,000 staff including pilots and cabin crew of the defunct Jet Airways as the no-frills carrier continues to expand its operations.

The company’s scrip rose by 4.18 per cent to close at Rs 152.05 on the BSE. During the day, it jumped 7.50 per cent to Rs 156.90 — its 52-week high level.

As many as 59.39 lakh shares were traded on the BSE during the day.

“We have taken significant number of people from Jet Airways. They were well qualified as professional people. We will continue to take more Jet staff in the times to come.

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