loader2
Login Open ICICI 3-in-1 Account

Entry Price

578.00

Target

630.00

Recommend Date

14-09-2017

Return

9.0 %
BUY

Date : 14-09-2017

Jet Airways reported a mixed set of Q1FY18 numbers. A key notable was that cost pressure continued amid rising competition from other carriers leading to a fall in margins. The company reported revenues in line with our estimates. However, EBITDA margins dropped sharply YoY on account of higher fuel and maintenance expenses