SpiceJet shares surge 10% as Ajay Singh checks in

January 16, 2015 12:17

Stocks of SpiceJet today surged nearly 10 per cent after the company returned to original promoter Ajay Singh for its revival in a multi-layered deal worth up to Rs 1,500 crore. Shares of the cash-strapped firm rallied 9.92 per cent to Rs 20.50 -- its highest trading permissible limit for the day on the BSE.

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