Jet Airways (India) is currently trading at Rs. 579.45, up by 4.50 points or 0.78% from its previous closing of Rs. 574.95 on the BSE.
The scrip opened at Rs. 577.70 and has touched a high and low of Rs. 580.30 and Rs. 577.00 respectively. So far 17266 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. 565.65 respectively. The current market cap of the company is Rs. 6571.61 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 may participate in the second phase of bidding for regional flights under the central government’s UDAN scheme. The company would evaluate the options and depending on the economics available, it will decide on the second round of bidding.
The second round of the bidding for Regional Connectivity Scheme (RCS) routes had commenced from August 24 and the winners for this phase will be announced by November-end.
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.