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Jet Airways flies high on the bourses

06 Jun 2017

Jet Airways (India) is currently trading at Rs. 507.00, up by 10.00 points or 2.01% from its previous closing of Rs. 497.00 on the BSE.

The scrip opened at Rs. 504.00 and has touched a high and low of Rs. 507.50 and Rs. 494.65 respectively. So far 169005 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 626.70 on 01-Aug-2016 and a 52 week low of Rs. 332.40 on 27-Dec-2016.

Last one week high and low of the scrip stood at Rs. 507.50 and Rs. 436.00 respectively. The current market cap of the company is Rs. 5656.01 crore.

The promoters holding in the company stood at 51.00%, while institutions and non-institutions held 13.17% and 35.83% respectively.

Jet Airways, one of the fastest growing airlines of the country, is reportedly planning to buy 50 narrow body jets on top of a pending order for Boeing Co 737 Max aircraft.  The most likely model the airline is considering is the 737 Max, though it is also looking at Airbus SE's A321neo jets as well as the 737 Max 10, a stretched version Boeing may introduce in Paris this month. The order may be worth at least $5.6 billion.

Jet Airways is India’s premier international airline, which operates flights to India and overseas. The company’s robust domestic India network spans the length and breadth of the country covering metro cities, state capitals and emerging destinations.

Related Jet Airways (India) Ltd. Links:

Jet Airways (I) Share Price

99.55 -1.40 (-1.39%) Jun 11, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323