Acuité Ratings upgrade rating of Spicejet Limited

Acuité Ratings & Research Limited has assigned the following rating to the Bank Loans / Debt Instruments of Spicejet Limited:
Long Term Instruments: BB- with "Stable" outlook

Short Term Instruments: A4+

This is an upgrade from the previous "D" rating assigned to the Company last year.

Shares of SpiceJet Limited was last trading in BSE at Rs. 68.4 as compared to the previous close of Rs. 68.4. The total number of shares traded during the day was 588567 in over 6102 trades.

The stock hit an intraday high of Rs. 70.4 and intraday low of 67.45. The net turnover during the day was Rs. 40468114.

Source : Equity Bulls

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