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26-Apr2018

Jet Airways rises on unveiling 'Jet upgrade' initiative

Jet Airways is currently trading at Rs. 620.80, up by 3.95 points or 0.64% from its previous closing of Rs. 616.85 on the BSE.

The scrip opened at Rs. 621.40 and has touched a high and low of Rs. 623.60 and Rs. 618.05 respectively. So far 12,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 883.65 on 05-Jan-2018 and a 52 week low of Rs. 436.00 on 31-May-2017.

Last one week high and low of the scrip stood at Rs. 638.60 and Rs. 612.15 respectively. The current market cap of the company is Rs. 7,052.00 crore.

The promoters holding in the company stood at 51.00%, while Institutions and Non-Institutions held 16.77% and 32.23% respectively.

Jet Airways has unveiled 'Jet upgrade' initiative, allowing premiere to upgrade to a higher class through a bidding process. The passengers holding confirmed economy or premiere bookings can bid for an upgrade to premiere or first class respectively. The bidding will open at least seven days prior to the flight's departure date and close 24 hours before the scheduled departure.

Jet Airways is India's premier international airline, which operates flights to India and overseas. The company's robust domestic India network spans the length and breadth of the country covering metro cities, state capitals and emerging destinations.



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