Shares Of Jet Airways Rose As Much As 3 Percent On The Bourses - Dollar Advisory Financial Services

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Wednesday 4 April 2018

Shares Of Jet Airways Rose As Much As 3 Percent On The Bourses

Shares of Jet Airways rose as much as 3 percent on the bourses after the company said it had entered a pact for buying 75 B737 planes.

In a regulatory filing yesterday Jet Airways said it had entered an agreement with Boeing for buying 75 B-737 Max aircraft, as it looks to strengthen presence in the fast growing domestic aviation market.

Following the announcement, shares of the company opened on a bullish note at Rs 623, then gained further ground to touch an intraday high of Rs 632.25, up 2.99 per cent over its previous closing price.

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