New Delhi, March 17 -- SpiceJet's share price climbed over 5 per cent in morning trade on the BSE on Monday, March 17, after the airline, in an exchange filing, announced that a promoter group had converted warrants into shares. This conversion will increase the promoter's holding to nearly 33.5 per cent in SpiceJet.

SpiceJet share price opened at Rs.45.20 against its previous close of Rs.45.48 and jumped 5.4 per cent to the level of Rs.47.93. Around 9:55 AM, the stock traded 5.12 per cent higher at Rs.47.81.More to come.

Published by HT Digital Content Services with permission from MINT....