Shares of SpiceJet hit a fresh 52-week high of Rs 63.45, as they soared 15 per cent on the BSE in Monday’s intra-day trade backed by heavy volumes ahead of its board meet today to consider fund raising.
At 12:22 PM; the stock was trading 14.5 per cent higher at Rs 62.94, as compared to 0.01 per cent gain in the S&P BSE Sensex. The average trading volumes at the counter jumped nearly three-fold today. As many as 39.33 million equity shares changed hands on the BSE so far, as against an average 14.17 million equity shares traded in the past two weeks, data shows.
