Thursday, April 06, 2017

Today's Calls
1. Buy Jet Airways Ltd at Rs.522-534, T: Rs.542The Oil Marketing Companies (OMCs) have cut the Aviation Turbine Fuel (ATF) price by 5.2% to Rs 51,482/kL in Delhi from April 1, 2017 -- this is likely to have significant positive effects on the bottom lines of Aviation companies, like Jet Airways. Meanwhile, Jet Airways, one of the fastest growing airlines of the country, has reportedly decided to start morning flights from Bhopal to New Delhi from April 12, 2017. The company had earlier announced its plans to further strengthen its domestic network and provide guests with greater choice to connect between Metro cities and Tier-II towns.
Jet Airways is India’s premier international airline which operates flights to 67 destinations, including India and overseas. The company’s robust domestic India network spans the length and breadth of the country covering metro cities, state capitals and emerging destinations.

2. Those who are holding the shares of Idea Cellular Ltd (Rs.87) should continue to add the scrip on all declines. The Free Service of Reliance RJio is coming to an end on 15th April, 2017. This is a big trigger for the telecom sector.

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