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Jet Airways rises on adding 96 new flights on domestic network

19 Jul 2017

Jet Airways is currently trading at Rs. 610.80, up by 5.70 points or 0.94% from its previous closing of Rs. 605.10 on the BSE.

The scrip opened at Rs. 607.00 and has touched a high and low of Rs. 613.85 and Rs. 607.00 respectively. So far 22,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 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. 621.50 and Rs. 603.50 respectively. The current market cap of the company is Rs. 6,924.00 crore.

The promoters holding in the company stood at 51.00%, while Institutions and Non-Institutions held 16.30% and 32.70% respectively.

Jet Airways has added 96 new flights on the domestic network during the monsoon season, including 14 new direct, non-stop flights to small towns under the regional connectivity scheme.

Some of the key non-stop direct flights include Delhi-Indore-Delhi, Ahmedabad-Indore-Ahmedabad, Delhi-Lucknow- Delhi, Delhi-Jaipur-Delhi, Lucknow-Jaipur-Lucknow, Indore- Jaipur-Indore, Jaipur-Udaipur-Jaipur, among others.

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.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323