JET AIRWAYS Plunges by 10%; BSE 500 Index Down 0.1%
June 13, 2019 09:20 AM

JET AIRWAYS share price has plunged 10% and is presently trading at Rs 99.

Meanwhile, the BSE 500 Index is at 15,418 (down 0.1%).

Among the top losers in the BSE 500 Index today is JET AIRWAYS (down 10.0%).

BLISS GVS PHARMA (up 4.5%) and GUJ. STATE PETRONET (up 3.7%) are among the top gainers today.

Over the last one year, JET AIRWAYS has moved down from Rs 391 to Rs 99, registering a loss of Rs 292 (down 74.6%)..

The BSE 500 has moved up from 14,874 to 15,418, registering a gain of 544 points (up 3.7%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI POWER (up 155.6%), VINATI ORGANICS (up 100.0%) and BATA INDIA (up 84.7%).

What About the Benchmark Indices?

The BSE Sensex is at 39,679 (down 0.2%). The top gainers among the BSE Sensex stocks today are ASIAN PAINTS (up 0.9%). The most traded stocks in the BSE Sensex are SUN PHARMA and BHARTI AIRTEL.

In the meantime, NSE Nifty is at 11,874 (down 0.3%). BPCL (up 1.0%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,693 to 39,679, registering a gain of 3,986 points (up 11.2%).

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.