SpiceJet shares zoom 8.5% on plans to induct 16 Boeing 737-800 NG aircraft

NEW DELHI: Shares of SpiceJet zoomed 8.5% on Friday after the airline announced it will induct 16 Boeing 737-800 NG aircraft, a move that will help in bringing down flight cancellations.

The company’s scrip jumped 8.54% to close at ₹109.90 on the BSE. During the day, it rose sharply by 10.61% to ₹112.

In terms of traded volume, 99.96 lakh shares were traded on the BSE during the day.

The company’s market valuation also rose by ₹518.9 crore to ₹6,590.90 crore.

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