Saturday, Nov 27, 2021 | Last Update : 02:22 PM IST

  Business   Companies  04 Apr 2018  Jet Airways stock ends 2 per cent down

Jet Airways stock ends 2 per cent down

PTI
Published : Apr 4, 2018, 7:10 pm IST
Updated : Apr 4, 2018, 7:10 pm IST

The full service carrier has an order for 75 Boeing 737 MAX aircraft.

Jet Airways stock ended the day at Rs 604.35, down 1.55 per cent from the previous close on BSE.
 Jet Airways stock ended the day at Rs 604.35, down 1.55 per cent from the previous close on BSE.

New Delhi: Shares of Jet Airways on Wednesday fell nearly 2 per cent after shedding morning gains. Jet Airways stock ended the day at Rs 604.35, down 1.55 per cent from the previous close on BSE.

After opening at Rs 623, the stock had touched an intra-day high of Rs 632.25. On NSE, the shares dived 1.53 per cent to close at Rs 603.60. The shares had opened at Rs 617.90 and touched a high of Rs 632.55 during the day.

 

On the volume front, 3.79 lakh shares were traded on BSE, while a little over 70.43 lakh scrips changed hands on NSE.

Jet Airways will purchase 75 narrow body Boeing 737 planes worth nearly USD 8.8 billion as the airline seeks to bolster its presence in the fast growing domestic aviation market.

Already, the full service carrier has an order for 75 Boeing 737 MAX aircraft and their delivery is scheduled to start by July-August this year.

The current listing price of a Boeing 737 MAX 8 aircraft is USD 117.1 million, according to the Boeing website. Based on this rate, the cost of 75 such planes would be around USD 8.8 billion.

Tags: jet airways, bse, shares, jet airways stock