Jet Airways continues fly high on Etihad deal hopes

Jet Airways (India), a provider of domestic and international airline services, continues to trade higher onthe reports Abu Dhabi's Etihad Airways will announce a deal to buy a stake in the company as early as Monday. Shares ofthe companyare trading at Rs 624.70, up Rs 12.85, or 2.10% at the Bombay Stock Exchange (BSE) on Monday at 10:51 a.m.The scrip has touched an intra-day high of Rs 688.30 and low of Rs 617.05. The total volume of shares traded at the BSE is 468,436.In the earlier session, the shares climbed 4.26%, or Rs 25, at Rs 611.85. Currently, the stock is trading down 2.24% from its 52-week high of Rs 639.00 and above 167.88% over the 52-week low of Rs 233.20.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 574.45 37.40 6.51 1 Month 567.60 44.25 7.80 3 Months 349.45 262.40 75.09 6 Months 347.50 264.35 76.07 1 Year 242.40 369.45 152.41 Note: Based on previous day closing price.