MoneyWorks4Me

Rare Enterprises buys 11.95 lakh shares of Jet Airways

04 Nov 2015 Evaluate

Rare Enterprises has bought 11.95 lakh shares of Jet Airways through open market route. The shares were purchased on an average price of Rs 422.76 valuing the transaction to Rs 50.52 crore.

Jet Airways currently operates a fleet of 116 aircraft, which include a mix of state-of-the-art Boeing 777-300 ERs/Airbus A330-200/300 aircraft, Next Generation Boeing 737s and ATR 72-500/600s, and has one of the youngest fleet in the region with an average of 6.01 years.

Peers
Company Name CMP
Interglobe Aviation 5030.00
SpiceJet 10.18
TAAL Tech 1091.30
Taneja Aerospace 352.45
Global Vectra Helico 138.95
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