Jet Airways surges on heavy volumes

The stock has surged nearly 11% at Rs 327 on back of heavy volumes on the bourses.

Image
SI Reporter Mumbai
Last Updated : Aug 23 2013 | 9:50 AM IST
Jet Airways (India) has surged nearly 11% at Rs 327 on back of heavy volumes on the bourses.

The stock of the country's largest private airline by revenues, has opened at Rs 298 and hit a high of Rs 335 on BSE. A combined 1.51 million shares already change hands on the counter in early morning deals against an average 1.4 million shares that were traded daily in past two weeks on BSE and NSE.

Meanwhile, the stock has underperformed the market by falling 20% in past one month as compared to nearly 9% decline in benchmark S&P BSE Sensex till yesterday.
 
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 23 2013 | 9:49 AM IST

Next Story