SP Tulsian of sptulsian.com told CNBC-TV18, "I am positive on SpiceJet . This is the best company in terms of the debt. Debt is not more than Rs 2,500 crore. Suppose if some new strong player comes in Spicejet obviously that force will also get added into the stock. If Spicejet promoters are serious I think the deal can be struck at a price of may be about Rs 55-60 per share."
On September 24, SpiceJet closed at Rs 21.95, up Rs 0.25, or 1.15 percent.
The share touched its 52-week high Rs 50.90 and 52-week low Rs 18.05 on 07 December, 2012 and 30 August, 2013, respectively.
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