SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Jet Airways flies high on the bourses

23 Feb 2016 Evaluate

Jet Airways (India) is currently trading at Rs. 560.50, up by 8.55 points or 1.55% from its previous closing of Rs. 551.95 on the BSE.

The scrip opened at Rs. 545.00 and has touched a high and low of Rs. 563.70 and Rs. 542.00 respectively. So far 280974 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. 566.90 and Rs. 518.00 respectively. The current market cap of the company is Rs. 6242.18 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's premier international airline, is expanding its operations to Bangkok with the launch of new daily flights from its hubs in Mumbai and Delhi. With the introduction of these new frequencies, Jet Airways becomes the largest Indian airline flying between India and Bangkok. With effect from March 27, 2016, Jet Airways will launch a third daily frequency from Mumbai to Bangkok, making it the airline with the maximum number of daily frequencies between the two cities.

Jet Airways will also launch a second daily service from Delhi to Bangkok from March 27, 2016, offering greater choice to guests travelling between the two capital cities. These new services from Jet Airways’ hubs in Mumbai and Delhi will further strengthen the Airline’s growing network and significantly enhance flight options and connectivity for guests.

The expansion of Jet Airways' operations to Bangkok is in keeping with the Government of India’s ‘Look East-Act East’ policy. The new connections will further boost the business and leisure traffic between India and Thailand. Moreover, guest will be able to avail convenient onward connections from Bangkok to destinations in the ASEAN region with Jet Airways’ codeshare airline partners.

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.

Jet Airways (I) Share Price

34.04 0.00 (0.00%)
07-Nov-2024 00:00 View Price Chart
Peers
Company Name CMP
Interglobe Aviation 5412.00
SpiceJet 12.17
Raymond 598.90
Global Vectra Helico 161.50
Taneja Aerospace 302.10
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: