JET AIRWAYS Plunges by 11%; BSE 500 Index Down 0.2%
May 14, 2019 10:04 AM

JET AIRWAYS share price has plunged 11% and is presently trading at Rs 134.

Meanwhile, the BSE 500 Index is at 14,504 (down 0.2%).

Among the top losers in the BSE 500 Index today is JET AIRWAYS (down 10.8%).

MANAPPURAM FINANCE (up 4.1%) and DELTA CORP. (up 3.6%) are among the top gainers today.

Over the last one year, JET AIRWAYS has moved down from Rs 464 to Rs 134, registering a loss of Rs 330 (down 71.1%)..

The BSE 500 has moved down from 14,882 to 14,504, loss of 378 points (down 2.5%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were BALRAMPUR CHINI (up 112.9%), DCM SHRIRAM (up 90.6%) and VINATI ORGANICS (up 81.6%).

What About the Benchmark Indices?

The BSE Sensex is at 37,147 (down 0.1%). The top gainers among the BSE Sensex stocks today are VEDANTA LTD (up 2.9%). The most traded stocks in the BSE Sensex are YES BANK and VEDANTA LTD.

In the meantime, NSE Nifty is at 11,158 (down 0.2%). VEDANTA LTD (up 3.0%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,557 to 37,147, registering a gain of 1,590 points (up 4.2%).

JET AIRWAYS Financial Update...

JET AIRWAYS net profit down at Rs 6 billion for the quarter ended December 2018, compared to a loss of Rs 2 billion a year ago. Net Sales rose 1.0% to Rs 61.5 billion during the period as against Rs 60.9 billion in October-December 2017.

For the year ended March 2018, JET AIRWAYS reported 150.2% decrease in net profit to Rs 7.2 billion compared to net profit of Rs 14.5 billion during FY17.

Revenue of the company grew 8.0% to Rs 245 billion during FY18.

The current Price to earnings ratio of JET AIRWAYS, based on rolling 12 month earnings, stands at down 0.3x.