Jet Airways shares dive 22.5 pc, hit 1-year low


Team Udayavani, May 2, 2019, 12:51 PM IST

New Delhi: Shares of Jet Airways plunged 22.5 per cent Thursday amid a report that bidders for Jet Airways so far appear uninterested in following up on their expressions of interest.

Investors deserted the Jet Airways counter since the start of trading in the morning, with the scrip falling sharply by 20.41 per cent to Rs 122 — its 52-week low — on the BSE.

On the National Stock Exchange (NSE), it tumbled 22.46 per cent to hit a one-year low of Rs 118.90.

On the traded volume front, 24.26 lakh shares were traded on the BSE and over two crore shares on the NSE during the morning trade.

Jet Airways ceased operations on April 17 after months of financial difficulties and multiple attempts at saving the oldest private sector airliner failed.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Kannada Sahitya Sammelana: Food distribution creates stir

Rohit gets hit in nets, practice pitches on slower side

India & Kuwait elevate ties to strategic level; ink defence pact after PM Modi meets top Kuwaiti leaders

In Kuwait, PM Modi meets yoga practitioner, other influencers from Gulf country

Notorious gangster wanted in UAPA case arrested at Nepal border

Mandhana, Renuka blow away West Indies in first ODI

‘Condition critical’, say doctors as farmer leader Dallewal’s fast enters 27th day

Related Articles More

RBI: After another status quo year, all eyes on a growth-propping rate cut with new Guv at helm

Front-running case: Sebi bans 9 entities from market , impounds illegal gains of over Rs 21 crore

Global trends, FIIs’ move to dictate trends in markets in holiday-shortened week: Analysts

GST Council postpones decision to cut tax on insurance, rate panel defers report submission

GST Council meet to decide on lower taxes on insurance policies, ATF inclusion

MUST WATCH

Tulunadu Daivaradane

Feeding Birds with Creative Paddy Art!

Areca Nut

HOTEL SRI DURGA BHAVANA

Harish Poonja


Latest Additions

Kannada Sahitya Sammelana: Food distribution creates stir

Rohit gets hit in nets, practice pitches on slower side

India & Kuwait elevate ties to strategic level; ink defence pact after PM Modi meets top Kuwaiti leaders

In Kuwait, PM Modi meets yoga practitioner, other influencers from Gulf country

Notorious gangster wanted in UAPA case arrested at Nepal border

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.