Jet Airways (India), a provider of
domestic and international airline services, jumped almost 18% on
Wednesday after media reports quoted Etihad Airways is close to a
deal to purchase a 24% stake in the company.
Abu Dhabi's Etihad has already paid an amount of USD 70 million,
and will likely pay USD 400 million in the first tranche of the
deal, reports further said. 
Shares ofthe companyare trading at Rs
528.75, up Rs 80.30, or 17.91% at the Bombay Stock Exchange (BSE)
on Wednesday at 1:22 p.m.The scrip has touched an intra-day high of
Rs 537.75 and low of Rs 450. The total volume of shares traded at
the BSE is 2,074,841.In the earlier session, the shares declined
11.12%, or Rs 56.1, at Rs 448.45. Currently, the stock is trading
down 23.47% from its 52-week high of Rs 688.30 and above 96.7% over
the 52-week low of Rs 267.80.
Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 583.20 (134.75) (23.11) 1 Month 602.25 (153.80) (25.54) 3 Months 532.00 (83.55) (15.70) 6 Months 354.25 94.20 26.59 1 Year 302.30 146.15 48.35 Note: Based on previous day closing price.
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