INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Shares of Spicejet slipped 8 per cent and a hit a intra-day low of Rs 72.50 on Wednesday morning on fears that grounding of
The shares of the airlines had closed at Rs 78.80, down 5.29 per cent yesterday.
The scrip hovered at Rs 74.85, down 5.01 per cent at
around 09:37 am, while the benchmark BSE Sensex was up 0.23 per cent at 37,623.46
India has grounded Boeing 737 MAX being operated by airlines in the country after about 15 countries banned the aircraft following two
deadly accidents within a span of five months
These planes will be grounded till appropriate modifications and safety measures are undertaken to ensure their safe operations
As always, passenger safety remains our top priority
Meanwhile, the shares of Spicejet opened at Rs 74 on BSE against its previous closing of Rs 78.80.
