The scrip opened at Rs 31.55 and touched an intraday excessive and low of Rs 31.55 and Rs 31.55, respectively, within the session to date. The stock of Jet Airways (India) Ltd. quoted a 52-week excessive of Rs 50.25 and a 52-week low of Rs 13.
Complete market cap of the Jet Airways (India) Ltd. stood at Rs 358.Four crore on the time of penning this report.
A consortium of London based mostly Kalrock Capital and UAE-businessman Murari Lal Jalan plans to infuse near Rs 1,000 crore within the defunct Jet Airways over the subsequent 5 years and likewise prepared to offer a collateral, in response to its proposed decision plan, stated individuals conversant in the plan.
The corporate reported consolidated gross sales of Rs 6147.98 crore for the quarter ended 31-Dec-2018, down 0.21 per cent from earlier quarter’s Rs 6161.15 crore and down 1.02 per cent from the year-ago quarter’s Rs 6086.2 crore.
The web loss for contemporary quarter stood at Rs 587.77 crore.
As of 30-Jun-2019, home institutional buyers held 0.Zero per cent stake within the firm, whereas overseas institutional buyers held 1.2 per cent and the promoters 0.Zero per cent.
In line with BSE knowledge, the stock traded at a price-to-earnings a number of of -0.08 and a price-to-book ratio of -0.97. A better P/E ratio reveals buyers are prepared to pay a better price due to higher future progress expectations. price-to-book value signifies the inherent value of an organization and is the measure of the price that buyers are able to pay even for no progress within the enterprise.
Jet Airways (India) Ltd. belongs to the Airways trade.