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Aviation stocks skid despite aviation sector recording 18.6 per cent growth

08 Feb 2019 Evaluate

Aviation sector has recorded 18.6 per cent annual increase in domestic market considering the rise in Indians preferring to fly across the country last year, according to an International Air Transport Association (IATA) report.

Jet Airways (India) is currently trading at Rs. 233.05, down by 3.55 points or 1.50% from its previous closing of Rs. 236.60 on the BSE. The scrip opened at Rs. 236.00 and has touched a high and low of Rs. 236.05 and Rs. 231.30 respectively. So far 454238 shares were traded on the counter.

Interglobe Aviation is currently trading at Rs. 1194.65, down by 9.55 points or 0.79% from its previous closing of Rs. 1204.20 on the BSE. The scrip opened at Rs. 1195.00 and has touched a high and low of Rs. 1211.75 and Rs. 1191.70 respectively. So far 9126 shares were traded on the counter.

Spicejet is currently trading at Rs. 79.85, down by 0.20 points or 0.25% from its previous closing of Rs. 80.05 on the BSE. The scrip opened at Rs. 80.00 and has touched a high and low of Rs. 80.50 and Rs. 79.40 respectively. So far 110747 shares were traded on the counter.

The report stated that the country’s domestic market posted the fastest full-year domestic growth rate for the fourth consecutive year, with an 18.6 pc annual demand increase. It said that India recorded its 50th consecutive month of double-digit annual growth in October.

Jet Airways (I) Share Price

34.04 0.00 (0.00%)
07-Nov-2024 00:00 View Price Chart
Peers
Company Name CMP
Interglobe Aviation 5395.00
SpiceJet 12.31
Raymond 586.90
Global Vectra Helico 161.55
Taneja Aerospace 297.30
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