Jet Airways shares surge over 18 per cent on rating
Property, fire insurance premium set to rise from next yr Rupee rises against dollar in early trade
Shares of Jet Airways surged over 18 per cent on Friday after Icra Indian Credit Ratings Agency upgraded rating of Rs 3,210 crore loan facility given to the company based on improvement in cash flows.
Shares of Jet Airways were trading 18.85 per cent higher to Rs 319.00 on the Bombay Stock Exchange (BSE) at 11:56 am.
On the National Stock Exchange (NSE), it soared 19per cent to Rs 317.65.
The ratings agency has upgraded the long-term rating assigned to the Rs 3,210 crore, fund-based bank facilities of Jet Airways to [Icra]BB from [Icra]C, a statement had said on Thursday.
The rating upgrade takes into account the improvement in the liquidity and credit profile of the company, arising from improved operating performance as well as support from its strategic partner Etihad Airways PJSC, it said.
Property,fire insurance premium set to rise from next yr
Rupee rises against dollar in early trade
Sensex falls in early trade ahead of RBI policy
Sebi eases OFS norms for retail investors
Fitch revises RIL's rating upward to stable
Should stock split matter to you as an investor?
Easing gold curbs unlikely to effect import surge
Movie production firms attract investors
Samsung to launch Tizen smartphone in India
November factory growth rises most in 2 years.
Air Latest News,
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Jet Airways Photos,
Indigo Airlines News,
Jet Air Share Price,
Jet Ihad Deal Latest News,
Latest News Jet Airways Today,
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Property, fire insurance premium set to rise from next yr Rupee rises against dollar in early trade
Shares of Jet Airways surged over 18 per cent on Friday after Icra Indian Credit Ratings Agency upgraded rating of Rs 3,210 crore loan facility given to the company based on improvement in cash flows.
Shares of Jet Airways were trading 18.85 per cent higher to Rs 319.00 on the Bombay Stock Exchange (BSE) at 11:56 am.
On the National Stock Exchange (NSE), it soared 19per cent to Rs 317.65.
The ratings agency has upgraded the long-term rating assigned to the Rs 3,210 crore, fund-based bank facilities of Jet Airways to [Icra]BB from [Icra]C, a statement had said on Thursday.
The rating upgrade takes into account the improvement in the liquidity and credit profile of the company, arising from improved operating performance as well as support from its strategic partner Etihad Airways PJSC, it said.
Property,fire insurance premium set to rise from next yr
Rupee rises against dollar in early trade
Sensex falls in early trade ahead of RBI policy
Sebi eases OFS norms for retail investors
Fitch revises RIL's rating upward to stable
Should stock split matter to you as an investor?
Easing gold curbs unlikely to effect import surge
Movie production firms attract investors
Samsung to launch Tizen smartphone in India
November factory growth rises most in 2 years.
Air Latest News,
SpiceJet News,
GoAir News,
Jet Airways Photos,
Indigo Airlines News,
Jet Air Share Price,
Jet Ihad Deal Latest News,
Latest News Jet Airways Today,
Mohini Porwal [ B Sc]
Trainee News Editor
Indian Aviation News Editor
WWW.Indian-Aviation-News.blogspot.com
mohini.aerosoft@gmail.com
https://www.facebook.com/profile.php?id=100005944964687
www.AeroSoft.co.in
www.Philippine-Aviation-News.blogspot.com
www.Newzealand-Aviation-News.blogspot.com
www.Aviation-News-India.blogspot.com
www.Aviation-News-Canada.blogspot.com
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