New Delhi: SpiceJet, which has remained profitable for five straight quarters, is looking to list its securities on the National Stock Exchange (NSE).
The proposal, in the works for some time, has gained momentum as the no-frills airline has been witnessing a significant turnaround in fortunes compared to late 2014 when it was in the doldrums.
Currently listed on the BSE, SpiceJet is one of the few companies which are not trading on the NSE. Generally, most of the prominent entities are listed on both the exchanges.
"We are looking at listing our shares on the NSE... Getting listed on this exchange will help our securities have a wider reach and also help in enhancing the credibility," SpiceJet chairman and managing director Ajay Singh told PTI.
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The proposal, in the works for some time, has gained momentum as the no-frills airline has been witnessing a significant turnaround in fortunes compared to late 2014 when it was in the doldrums.
Currently listed on the BSE, SpiceJet is one of the few companies which are not trading on the NSE. Generally, most of the prominent entities are listed on both the exchanges.
"We are looking at listing our shares on the NSE... Getting listed on this exchange will help our securities have a wider reach and also help in enhancing the credibility," SpiceJet chairman and managing director Ajay Singh told PTI.
To Read the News in Full
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