Aviation stocks flies high as Finance Minister Piyush Goyal announced that domestic Air traffic doubled in last 5 years.
Jet Airways (India) is currently trading at Rs. 255.50, up by 18.10 points or 7.62% from its previous closing of Rs. 237.40 on the BSE. The scrip opened at Rs. 239.75 and has touched a high and low of Rs. 281.50 and Rs. 234.30 respectively. So far 2511893 shares were traded on the counter.
Spicejet is currently trading at Rs. 81.45, up by 0.90 points or 1.12% from its previous closing of Rs. 80.55 on the BSE. The scrip opened at Rs. 81.35 and has touched a high and low of Rs. 84.00 and Rs. 80.25 respectively. So far 622014 shares were traded on the counter.
Because of ‘UDAAN Scheme’, an ordinary citizen is also travelling by air now days. The number of operational airports has crossed 100 with the commissioning of the Pakyong airport in Sikkim. Domestic passenger traffic has doubled during the last five years leading to large number of jobs being created also.
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: