Low-cost carrier SpiceJet on Wednesday soared over three per cent in the morning trade at the Bombay Stock Exchange (BSE), touching its year-high level, post the company's Rs 10.11-crore net profit for the quarter ended September 30.
Shares of SpiceJet zoomed 3.68 per cent to touch its 52-week high of Rs 91.40 on the BSE, extending its rally for the second straight session. The air carrier had on Tuesday surged six per cent higher to close at Rs 88.15.
The company had a loss of Rs 101.29 crore during the corresponding period a year earlier. Total income of the private airline carrier stood at Rs 628.17 crore for September quarter, whereas the same was at Rs 450.39 crore in the year-ago quarter.
Besides, the company also plans to buy 30 aircrafts worth $900-million from Canadian firm Bombardier for flying to smaller cities.
Meanwhile, the BSE Sensex was quoting 159.81 points higher, at 20,505.50.
Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
Special 
