Jet Airways flies high on partnering with ActionAid to provide relief to rain-hit Tamil Nadu

08 Dec 2015 Evaluate

Jet Airways is currently trading at Rs. 578.00, up by 19.80 points or 3.55% from its previous closing of Rs. 558.20 on the BSE.

The scrip opened at Rs. 565.25 and has touched a high and low of Rs. 579.90 and Rs. 565.25 respectively. So far 3,77,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 588.00 on 03-Dec-2015 and a 52 week low of Rs. 248.50 on 16-June-2015.

Last one week high and low of the scrip stood at Rs. 588.00 and Rs. 506.10 respectively. The current market cap of the company is Rs. 6,557.41 crore.

The promoters holding in the company stood at 51.00% while Institutions and Non-Institutions held 14.09% and 34.91% respectively.

Jet Airways India will partner with ActionAid India to reach out and rebuild the lives of flood affected communities in Chennai and Thiruvallur district in Tamil Nadu. The immediate joint efforts by Jet Airways and ActionAid will focus on providing food and essential items such as drinking water, health and sanitary kits, mosquito nets and repellents, clothing, utensils, sleeping mats, bed rolls, materials for temporary shelters, learning resources/stationary and in providing psycho-social support.

In the long-term, the partnership will focus on rehabilitation including recovery and development of livelihoods, reconstruction and repair of damaged houses of over 2000 people. It will also work towards providing vocational skills training and employment opportunities to women from these communities for them to rebuild their lives.

Jet Airways is India’s premiere international airline operating flights to 73 destinations, including 51 in India and 22 across the world. The company’s robust domestic network in India spans the length and breadth of the country covering metro cities, state capitals and emerging destinations.

Jet Airways (I) Share Price

44.95 0.58 (1.31%)
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