BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Edelweiss maintains buy on SpiceJet
Edelweiss has maintained "buy" call on SpiceJet with a target price of Rs 91, up from Rs 87 earlier. SpiceJet's Q2 profit was better than expectation on higher profit margins. Fall in aircraft lease rentals and a dip in non-fuel costs drove increase in margins, the brokerage said.