SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Jet Airways flies higher on the bourses

15 Nov 2012 Evaluate

Jet Airways is currently trading at Rs. 372.90, up by 0.45 points or 0.12% from its previous closing of Rs. 372.45 on the BSE.

The scrip opened at Rs. 371.75 and has touched a high and low of Rs. 379.75 and Rs. 369.15 respectively. So far 76414 shares were traded on the counter.

The BSE group 'A' 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. 379.75 and Rs. 352.55 respectively. The current market cap of the company is Rs. 3228.46 crore.

The promoters holding in the company stood at 80.00% while Institutions and Non-Institutions held 11.12% and 8.88% respectively.

Jet Airways will ramp up capacity on international routes through a mix of aircraft reconfiguration and deployment the Airbus A330-300 planes, which have about 30 extra seats compared to A330-200. The move will enable Jet Airways to take on competition on the London and US routes, without increasing its fleet size. International operations constitute about 60 per cent of Jet Airways’ revenue. Currently, it operates a mix of Boeing 737s (on Gulf routes), Airbus A330-200 (to the US, Singapore and Hong Kong) and Boeing 777-300s (to London).

Next month, Jet will add an Airbus A330-300 on lease, the first of the four such planes, which will be delivered till next April. Jet Airways has 11 Airbus A330 planes in its fleet, each seating 220 passengers. The new version will have about 30 extra seats. The airline is also reconfiguring five Boeing 777 planes by adding more seats in the economy section. The economy section in the Boeing 777 has nine seats in a row and the airline will be adding an extra seat in each row, making it 10seats in a row. The reconfiguration exercise will be complete by January. The airline has leased out its five 777s to Thai Airways.

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 5396.45
SpiceJet 11.53
Raymond 610.10
Global Vectra Helico 160.85
Taneja Aerospace 296.65
View more..

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: