Jet Airways flies higher on plan to increase capacity by 10-12% by next year

05 Feb 2013

Jet Airways (India) is currently trading at Rs. 605.45, up by 0.65 points or 0.11% from its previous closing of Rs. 604.80 on the BSE.

The scrip opened at Rs. 606.00 and has touched a high and low of Rs. 611.95 and Rs. 596.60 respectively. So far 162408 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 688.30 on 28-Jan-2013 and a 52 week low of Rs. 267.80 on 07-Mar-2012.

Last one week high and low of the scrip stood at Rs. 642.90 and Rs. 553.00 respectively. The current market cap of the company is Rs. 5212.85 crore.

The promoters holding in the company stood at 80.00% while Institutions and Non-Institutions held 11.53% and 8.47% respectively.

Jet Airways, India’s premier international airline is planning to increase capacity by 10-12% by next year. It has decided to add around six narrow-bodied aircraft in addition to 12 B-777 planes by the end of next third or fourth quarter, which it will either deploy on its network or lease them out.

The company has reported a net profit of Rs 85 crore for the quarter ended December 31, 2012 as compared to a net loss of Rs 101.22 crore for the same quarter in the previous year. Total income operation of the company has increased by 2.04% at Rs 4251.22 crore for quarter under review as compared to Rs 4165.88 crore for the quarter ended December 31, 2011.

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Jet Airways (I) Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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