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Business News » Companies News

Indian Oil raises jet fuel prices by 2.9% from today

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Indian Oil raises jet fuel prices by 2.9% from today
Shares of aviation companies tumbled after the announcement. Image Source: Pixabay
Written By: ZeeBiz WebTeam
Updated: Wed, Feb 01, 2017
09:52 am
Mumbai, ZeeBiz WebDesk
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Indian Oil on Wednesday announced a 2.9% hike in jet fuel prices in Delhi to Rs 54,079.63 per kilo litre.

The company said the hike in price would be effective from today onwards.

Shares of aviation companies tumbled after the announcement.

IndiGo shares plummeted 5.65%, while Jet Airways and Spicejet fell 2.69% and 1.54% respectively on BSE Sensex at 0945 hours.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Aviation turbine fuelATFJet Fuel PricesDelhiAviation stocksJet Airways share priceSpiceJet share priceIndiGo share priceAviation
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