Jet Airways flies higher on the bourses

13 Jun 2013

Jet Airways (India) is currently trading at Rs. 434.15, up by 27.00 points or 6.63% from its previous closing of Rs. 407.15 on the BSE.

The scrip opened at Rs. 402.90 and has touched a high and low of Rs. 442.35 and Rs. 401.10 respectively. So far 876529 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 688.60 on 25-Apr-2013 and a 52 week low of Rs. 320.30 on 27-Jul-2012.

Last one week high and low of the scrip stood at Rs. 475.50 and Rs. 384.70 respectively. The current market cap of the company is Rs. 4943.19 crore.

The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 15.47% and 9.53% respectively.

Naresh Goyal-run Jet Airways (India) and low-cost commercial carrier IndiGo both have launched a novel sales strategy of allowing customers to buy air tickets through credit cards with payments stretched out over equated monthly installments (EMIs) of two months.

With jet fuel prices shooting through the roof and fierce competition in the aviation market, the two airlines have taken a leaf out of the book of mobile phone companies, which have tied-up with banks to offer handsets on EMIs through credit card purchases.

Both Jet Airways and IndiGo have tied-up with HDFC, Citibank and ICICI Bank to offer their passengers an option to pay fares in two installments.

Related Jet Airways (India) Ltd. Links:

Jet Airways (I) Share Price

135.50 2.60 (1.96%) Feb 26, 18:55
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Company Name CMP
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Jet Airways (I) 135.50
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SEBI Registered: Investment Adviser - INA000013323

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