SpiceJet gains nearly 3% as logistics arm SpiceXpress partners with Star Air

SpiceJet Ltd shares gained nearly 3% on Thursday after the company announced that its subsidiary SpeiceXpress and Logistics Pvt Ltd entered into a partnership with Star Air.The logistics arm of SpiceJet will manage belly space capacity in Star Air’s fleet of 9 aircraft, the airline  said.After the announcement, SpiceJet shares gained as much as 2.91% to an intraday high of ₹67.35 per share on the BSE, hovering closer to its 52-week high of ₹69.2 per piece recorded on December 19,…
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Source: https://www.cnbctv18.com/market/spicejet-share-price-gains-logistics-arm-spicexpress-partners-star-air-stock-reaction-18769841.htm/amp