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Jet Airways (India) gains after Boeing deal

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Jet Airways (India) rose 1.21% to Rs 621.25 at 12:19 IST on BSE after the company said it entered into an agreement with The Boeing Company for purchase of 75 Boeing 737 MAX Aircraft.

The announcement was made after market hours yesterday, 3 April 2018.

Meanwhile, the S&P BSE Sensex was up 42.67 points, or 0.13% to 33,413.30.

On the BSE, 1.93 lakh shares were traded in the counter so far compared with average daily volumes of 2.42 lakh shares in the past two weeks. The stock had hit a high of Rs 632.25 and a low of Rs 613.90 so far during the day. The stock hit a 52-week high of Rs 883.65 on 5 January 2018. The stock hit a 52-week low of Rs 436 on 31 May 2017.

 

Jet Airways (India)'s net profit declined 45.9% to Rs 165.25 crore on 10.4% increase in net sales to Rs 6086.20 crore in Q3 December 2017 over Q3 December 2016.

Jet Airways is India's premier international airline which operates flights in India and overseas.

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First Published: Apr 04 2018 | 12:29 PM IST

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