The price of aviation turbine fuel (ATF) — the fuel that helps aeroplanes fly — was hiked by Rs 277.5 per kilolitre, or 0.2 per cent, to Rs 1,13,202.33 per kl (Rs 113.2 per litre) in the national capital
R Sreesankar, Head Institutional Equities, Prabhudas Lilladher in an interview to CNBC-TV18 shared his rationale for picking Infosys, HDFC Bank, Aurobindo Pharma, Jubilant Life and Glenmark as his top picks.
SpiceJet‘s debt doubled in FY13 on a annual basis at Rs 1430 crore. The company has been focused on bringing down debt and expanding its operations, and so an investor would be the right fit.
Neil Mills, CEO of Spicejet, in an interview with CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee, believes that the aviation turbine fuel (ATF) prices would be corrected. He also feels that the change would not be overnight with the Indian mechanism.