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SpiceJet Shares Jump on June Quarter Operating Profit

NDTV Profit Desk

Low-cost carrier SpiceJet jumped 13.5 per cent after April-June results.

Low-cost carrier SpiceJet jumped 13.5 per cent after April-June results.

June quarter operating profit at Rs 9 crore before restructuring and certain one-off costs, helped the rally.

Traders say it's a positive surprise compared to expectations of an operating loss.

Copyright: Thomson Reuters 2014

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