Jet Airways declines as its net loss widens to Rs 104 crore in Q3
Jet Airways (India) is currently trading at Rs. 84.50, down by 1.40 points or 1.63% from its previous closing of Rs. 85.90 on the BSE.
The scrip opened at Rs. 86.00 and has touched a high and low of Rs. 87.00 and Rs. 83.25 respectively. So far 10031 shares were traded on the counter.
The BSE group 'Z' stock of face value Rs. 10 has touched a 52 week high of Rs. 141.90 on 01-Mar-2021 and a 52 week low of Rs. 65.10 on 20-Jul-2021.
Last one week high and low of the scrip stood at Rs. 87.20 and Rs. 81.20 respectively. The current market cap of the company is Rs. 965.58 crore.
The promoters holding in the company stood at 24.99%, while Institutions and Non-Institutions held 26.26% and 48.75% respectively.
Jet Airways (India) has reported net loss of Rs 104.19 crore for the quarter ended December 31, 2021 as compared to net loss of Rs 44.09 crore for the same quarter in the previous year. Total income of the company decreased by 84.13% at Rs 12.77 crore for Q3FY22 as compared Rs 80.48 crore for the corresponding quarter previous year.
Jet Airways is India's premier international airline, operates flights to many destinations, including India and overseas.