The BSE Sensex was up 58.72 points, or 0.29%, to 20,252.24.

On BSE, 12.06 lakh shares of the scrip were traded. The stock had an average daily volume of 11.25 lakh shares on BSE in past one quarter.

The scrip had touched a high of Rs 290.90 and a low of Rs 276.30 so far during the day. The stock had hit a 52-week high of Rs 335 on 19 December 2007 and a 52-week low of Rs 87 on 3 April 2007.

The scrip had outperformed the market over the past one month till 26 December 2007, surging 30.45% as compared to the Sensexs return of 5.57%. It had also outperformed the market in the past one quarter, advancing 84.84% as compared to the Sensexs rise of 17.74%.

The low-cost airliner has an equity capital of Rs 135.71 crore. Face value per share is Rs 10.

Kingfisher Radio, an arm of United Breweries (Holdings), that runs Kighfisher Airlines, purchased a total of 40 lakh shares of Deccan Aviation at Rs 275 per share on Wednesday, 26 December 2007 from the Bombay Stock Exchange and National Stock Exchange. With these purchases, Kingfisher Radio and other United Breweries group firm have increased their stake to almost 49% from 45.97%.

On 20 December 2007, Deccan Aviation announced it would merge the airline operations of Kighfisher Airlines with itself. Deccan Aviation said that its charter business will be spun off into a separate entity to be jointly owned by its founder Captain Gopinath and the UB Group.

Deccan Aviation provides commercial passenger airline and a private helicopter and airplane chartering services in India.

Deccan Aviation reported a net loss net loss of Rs 253.18 crore in Q1 September 2007 as compared to net loss of Rs 42.94 in Q1 September 2006. Sales rose 24.10% to Rs 445.21 crore in Q1 September 2007 over Q1 September 2006.

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