Jet Airways shines despite reporting net loss of Rs 1,297 crore in Q2

13 Nov 2018

Jet Airways (India) is currently trading at Rs. 254.35, up by 12.30 points or 5.08% from its previous closing of Rs. 242.05 on the BSE.

The scrip opened at Rs. 228.00 and has touched a high and low of Rs. 257.65 and Rs. 228.00 respectively. So far 1461551 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 883.65 on 05-Jan-2018 and a 52 week low of Rs. 163.00 on 01-Oct-2018.

Last one week high and low of the scrip stood at Rs. 267.45 and Rs. 228.00 respectively. The current market cap of the company is Rs. 2884.24 crore.

The promoters holding in the company stood at 51.00%, while Institutions and Non-Institutions held 9.51% and 39.49% respectively.

Jet Airways (India) has reported net loss of Rs 1,297.46 crore for the quarter ended September 30, 2018 as against net profit of Rs 49.63 crore for the same quarter in the previous year. However, total income of the company increased by 8.31% at Rs 6,236.69 crore for Q2FY19 as compared Rs 5,758.18 crore for the corresponding quarter previous year.

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
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