The issue was subscribed by an overwhelming 340 times at close, where the non-institutional investors category was booked 620 times. The retail investors played second fiddle with 314 times subscription in the category reserved for them.
SpiceJet shares rise 13%, extending second-day rally amid IndiGo operational disruptions
SpiceJet shares spiked intraday as operational disruptions at rival IndiGo boosted demand for its services. Despite the short-term rally, the stock remains fundamentally weak, with