Buy Jet Airways; target Rs 300: Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has a buy call on Jet Airways with a target price of Rs 300. The current market price of Jet Airways is Rs 268.90. Time period given by analyst is Intra Day when Jet Airways price can reach defined target. Manas Jaiswal recommended to keep stoploss at Rs 255. Jet Airways , incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 3054.63 crore) operating in Transport sector.

Jet Airways key Products/Revenue Segments include Income (Airlines) which contributed Rs 20309.88 crore to Sales Value (87.21 per cent of Total Sales), Cargo Income which contributed Rs 1789.14 crore to Sales Value (7.68 per cent of Total Sales), Other Operating Revenue which contributed Rs 956.97 crore to Sales Value (4.10 per cent of Total Sales), Bagasse which contributed Rs 172.07 crore to Sales Value (0.73 per cent of Total Sales) and Export Incentives which contributed Rs 58.47 crore to Sales Value (0.25 per cent of Total Sales)for the year ending 31-Mar-2018.

 

Source: https://economictimes.indiatimes.com/markets/stocks/recos/buy-jet-airways-target-rs-300-manas-jaiswal/articleshow/67266197.cms

 

 

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