Advertisement
On the BSE, the scrip hit an intra-day low of Rs 168.60, a fall of 30.28 per cent compared to the previous closing level. The stock is hovering around its 52-week low level of Rs 163 on BSE.
Similar trend was witnessed on the NSE too, where the share crashed to hit a low of Rs 158.70, down 34.01 per cent over its last close, which is also its 52-week low level.
With lenders deciding not to extend any emergency funds, Jet Airways on Wednesday announced temporary suspension of operations.
Meanwhile, in a statement early Thursday, Jet Airways’ lenders said they were reasonably hopeful of a successful bidding process for stake sale.
Related Articles
Advertisement