Bengaluru, Sept. 11 -- This small-cap Aviation Stock, engaged in providing low-cost air transport services for the carriage of passengers and cargo across domestic and international destinations in India, jumped 5 percent after securing an $89.5 million liquidity boost through the Carlyle settlement.

With a market capitalization of Rs. 4,320.30 crores, the share of SpiceJet Limited has reached an intraday high of Rs. 34.85 per equity share, rising nearly 5.41 percent from its previous day's close price of Rs. 33.06. Since then, the stock has retreated and is currently trading at Rs. 33.70 per equity share.

What is the news? SpiceJet Limited has finalized a settlement agreement with Carlyle Aviation Partners, giving the airline a much-n...