Nov 21, 2012, 11.35 AM | Source: Moneycontrol.com
Shares of SpiceJet rose around 2.29% to Rs 35.75 on reports of a likely stake sale by the company.
However, S.L. Narayanan, the group CFO of Sun underplayed reports that a stake sale of SpiceJet is on cards. He told a television channel that Maran quit Kal Airways to only reduce the number of directorship he holds and potential sale talks are not even at an exploratory stage.
Kal Airways along with Marans hold over a 48 percent stake in SpiceJet
Speaking to CNBC-TV18 Chairman and Managing Direct
The brokerage house says that SpiceJet’s best is
SpiceJet net profit surged 104 percent to Rs 149 c
Spicejet Ltd has informed BSE that meeting of the