Jet Airways flies high on reporting over seven-fold jump in Q3 net profit

10 Feb 2016

Jet Airways (India) is currently trading at Rs. 583.00, up by 6.15 points or 1.07% from its previous closing of Rs. 576.85 on the BSE.

The scrip opened at Rs. 580.00 and has touched a high and low of Rs. 589.00 and Rs. 578.00 respectively. So far 107827 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 796.00 on 13-Jan-2016 and a 52 week low of Rs. 248.50 on 16-Jun-2015.

Last one week high and low of the scrip stood at Rs. 619.00 and Rs. 514.25 respectively. The current market cap of the company is Rs. 6552.87 crore.

The promoters holding in the company stood at 51.00% while Institutions and Non-Institutions held 37.95% and 11.05% respectively.

Jet Airways (India) has reported over seven fold rise in its net profit at Rs 467.11 crore for the quarter ended December 31, 2015 as compared to Rs 63.11 crore for the same quarter in the previous year. Total income of the company has increased by 7.68% at Rs 5636.38 crore for quarter under review as compared to Rs 5234.21 crore for the quarter ended December 31, 2014.

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

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323