Jet Airways stock flies high, up 15% on stake buy buzz

Jet Airways stock flies high, up 15% on stake buy buzz

FPJ BureauUpdated: Wednesday, May 29, 2019, 07:58 PM IST
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Beijing: Shares of grounded Jet Airways surged nearly 15 pc on Tuesday after diversified Hinduja Group said it is evaluating the opportunity to invest in the airline.  The airline’s scrip jumped 14.73 pc to close at Rs 150.75 on the BSE.

On the National Stock Exchange (NSE), the stock ended at Rs 148.40, gaining 12.94 pc, over the previous close. After opening at Rs 135 a unit, its shares touched an intra-day high of Rs 154.80.  Its shares have ended in the green for the second session in a row on the bourses. ,On the BSE, its intra-day high was marked at 153.85.

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