Jet Airways is currently trading at Rs. 389.50, up by 9.05 points or 2.38% from its previous closing of Rs. 380.45 on the BSE.
The scrip opened at Rs. 381.10 and has touched a high and low of Rs. 390.00 and Rs. 379.05 respectively. So far 1, 18,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 411.35 on 04-Jul-2012 and a 52 week low of Rs. 167.00 on 29-Dec-2011.
Last one week high and low of the scrip stood at Rs. 398.00 and Rs. 373.20 respectively. The current market cap of the company is Rs. 3,362 crore.
The promoters holding in the company stood at 80.00% while Institutions and Non-Institutions held 14.27% and 5.72% respectively.
Jet Airways, India’s premier international airline, will be launching its new Mumbai-Sharjah service with effect from October 18, 2012. The said launch is yet another initiative by the airline company to enhance its connectivity to the Gulf. This will also be airline’s sixth daily flight to the UAE from Mumbai, in addition to the resumption of its services to Kuwait and Bahrain from Kochi.
The Kochi-Bahrain return services will operate on Tuesdays, Wednesdays and Fridays while the return services on the Kochi-Kuwait sector will operate four times a week-- Mondays, Thursdays, Saturdays and Sundays.
The introduction of these flights will further strengthen the airlines presence in the Gulf where it has emerged as one of the leading carriers to and from the country of late. The airline will deploy the next-generation Boeing 737-800s on these routes, offering premiere and economy tickets.
Jet Airways currently operates a fleet of 99 aircraft, which include 10 Boeing 777-300 ER aircraft, 11 Airbus A330-200 aircraft, 58 next generation Boeing 737-700/800/900 aircraft and 20 modern ATR 72-500 turboprop aircraft.
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