BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Bank of America Merrill Lynch
|Target Hit|| Long (1Y)
Bank of America Merrill Lynch maintains buy on SpiceJet
Worst seems to be over for SpiceJet. Traffic is seen recovering. Rising international contribution will boost margins. Cost rationalization is on track. Target Rs 30.