The shares of Spicejet rose 2.15 per cent to close at Rs 28.55 on the announcement that billionaire Wilbur Ross-led private equity firm will invest about Rs 345 crore in the low cost airline.

<tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>The deal will not trigger an open offer and the promoters are not looking to sell any stake. The scrip opened at Rs 30.10 and made an intraday high/low of Rs 32.45/28.30. 
</p><p class='TableClas'>The counter saw volumes of 86,63,453 shares, about three times its two week average. The stock hit a 52-week high of Rs 104.80 on Jan 8 and a 52-week low of Rs 20.50 on July 2 this year. </P></p><p class='TableClas'></p></table>


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