AgenciesRelated Companies
NSE
BSE
NEW DELHI: Shares of Jet Airways (India) Ltd. traded 4.99 per cent up in Friday's trade at 11:44AM (IST). Around 10,163 shares changed hands on the counter.
The scrip opened at Rs 31.55 and touched an intraday high and low of Rs 31.55 and Rs 31.55, respectively, in the session so far. The stock of Jet Airways (India) Ltd. quoted a 52-week high of Rs 50.25 and a 52-week low of Rs 13.
Total market cap of the Jet Airways (India) Ltd. stood at Rs 358.4 crore at the time of writing this report.
A consortium of London based Kalrock Capital and UAE-businessman Murari Lal Jalan plans to infuse close to Rs 1,000 crore in the defunct Jet Airways over the next five years and also willing to give a collateral, according to its proposed resolution plan, said people familiar with the plan.
Key Financials
The company reported consolidated sales of Rs 6147.98 crore for the quarter ended 31-Dec-2018, down 0.21 per cent from previous quarter's Rs 6161.15 crore and down 1.02 per cent from the year-ago quarter's Rs 6086.2 crore.
The net loss for latest quarter stood at Rs 587.77 crore.
Shareholding pattern
As of 30-Jun-2019, domestic institutional investors held 0.0 per cent stake in the company, while foreign institutional investors held 1.2 per cent and the promoters 0.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of -0.08 and a price-to-book ratio of -0.97. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Jet Airways (India) Ltd. belongs to the Airlines industry.
The scrip opened at Rs 31.55 and touched an intraday high and low of Rs 31.55 and Rs 31.55, respectively, in the session so far. The stock of Jet Airways (India) Ltd. quoted a 52-week high of Rs 50.25 and a 52-week low of Rs 13.
Total market cap of the Jet Airways (India) Ltd. stood at Rs 358.4 crore at the time of writing this report.
A consortium of London based Kalrock Capital and UAE-businessman Murari Lal Jalan plans to infuse close to Rs 1,000 crore in the defunct Jet Airways over the next five years and also willing to give a collateral, according to its proposed resolution plan, said people familiar with the plan.
Key Financials
The company reported consolidated sales of Rs 6147.98 crore for the quarter ended 31-Dec-2018, down 0.21 per cent from previous quarter's Rs 6161.15 crore and down 1.02 per cent from the year-ago quarter's Rs 6086.2 crore.
The net loss for latest quarter stood at Rs 587.77 crore.
Shareholding pattern
As of 30-Jun-2019, domestic institutional investors held 0.0 per cent stake in the company, while foreign institutional investors held 1.2 per cent and the promoters 0.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of -0.08 and a price-to-book ratio of -0.97. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Jet Airways (India) Ltd. belongs to the Airlines industry.
Read More News on
Download The Economic Times News App to get Daily Market Updates & Live Business News.