Jet Airways moves up on the bourses

Jet Airways (India) is currently trading at Rs. 303.20, up by 0.60 points or 0.20% from its previous closing of Rs. 302.60 on the BSE. The scrip opened at Rs. 302.60 and has touched a high and low of Rs. 309.70 and Rs. 298.30 respectively. So far 281860 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. 210.25 on 05-Feb-2014. Last one week high and low of the scrip stood at Rs. 311.25 and Rs. 261.00 respectively. The current market cap of the company is Rs. 3420.99 crore. The promoters holding in the company stood at 51.00% while Institutions and Non-Institutions held 10.50% and 38.50% respectively. Etihad Airways, the national airline of the United Arab Emirates (UAE), continues to strengthen ties with India and equity partner, Jet Airways, following a new sponsorship deal naming both airlines as principal sponsors and official airlines of the celebrated Mumbai Indians cricket team. This is the Abu Dhabi-based airline’s first high profile sports sponsorship in the region and one that underscores its expanding commitment to the Indian market. Etihad Airways sponsorship portfolio includes, Manchester City Football Club, the Etihad Stadium in Melbourne, Etihad Stadium in Manchester, the Formula 1 Etihad Airways Abu Dhabi Grand Prix, Harlequins Rugby Club, GAA Hurling All Ireland Senior Championship, and most recently the Major League Soccer in the US. Jet Airways currently operates a fleet of 113 aircraft, which include 10 Boeing 777-300 ER aircraft, 8 Airbus A330-200 aircraft, 4 Airbus A330-300 aircraft, 73 next generations Boeing 737-700/800/900/900 ER aircraft and 15 ATR 72-500 and 3 ATR72-600.