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Jet Airways flies high on plan of introducing 56 new weekly flights

08 Sep 2017

Jet Airways (India) is currently trading at Rs. 583.15, up by 2.95 points or 0.51% from its previous closing of Rs. 580.20 on the BSE.

The scrip opened at Rs. 580.35 and has touched a high and low of Rs. 586.70 and Rs. 580.35 respectively. So far 34326 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 645.00 on 08-Aug-2017 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. 597.00 and Rs. 559.55 respectively. The current market cap of the company is Rs. 6628.98 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 is set to introduce as many as 56 new weekly flights in this month and the next, ahead of the festive season. The new flights that include a mix of non-stop and one-stop services between key Indian cities are in response to the rising demand for aviation services in these cities and will further strengthen the airline’s footprint across its domestic network that currently comprises 44 cities.

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:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323