Jet Airways is currently trading at Rs. 322.60, up by 7.75 points or 2.46% from its previous closing of Rs. 314.85 on the BSE.
The scrip opened at Rs. 319.90 and has touched a high and low of Rs. 328.00 and Rs. 318.05 respectively. So far 264774 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 517.50 on 19-Jul-2011 and a 52 week low of Rs. 167.00 on 29-Dec-2011.
Last one week high and low of the scrip stood at Rs. 328.00 and Rs. 279.40 respectively. The current market cap of the company is Rs. 2786.00 crore.
The promoters holding in the company stood at 80.00% while Institutions and Non-Institutions held 11.70% and 8.30% respectively.
Jet Airways, India’s premier international airline, and WheelTug plc have executed a letter of intent (LOI) under which Jet Airways, subject to all financial, technical and operational feasibility checks and necessary regulatory approvals, has the right to lease WheelTug Aircraft Drive Systems for installation on its Boeing 737NG aircraft.
The WheelTug electric drive system uses high-performance electric motors, installed in the nose gear wheels of an aircraft, to provide full mobility while on the ground, without the use of the aircraft's jet engines or tugs for both pushback and taxi operations.
Current commercial aviation practice utilizes a tug for aircraft gate pushback, while forward taxi is powered by the aircraft’s engines. Typically, a taxiing Boeing 737 burns 24 to 27 pounds of fuel per minute. The electric WheelTug unit needs only four pounds of fuel per minute by using the aircraft’s auxiliary power unit (APU), representing an 80% reduction in ground operation fuel consumption, in addition to significantly less noise and freedom from dependence on tug availability.
| Company Name | CMP |
|---|---|
| Interglobe Aviation | 4686.90 |
| SpiceJet | 56.80 |
| Global Vectra Helico | 281.25 |
| Taneja Aerospace | 424.85 |
| TAAL Enterprises | 2878.45 |
| View more.. | |
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