Similar trend was witnessed on the NSE too, where the share crashed to hit the lower price band of Rs 216.45
(Photo: Getty Images)
Shares of Jet Airways slumped 10 per cent in opening trade Thursday, a day after the ailing airline shuttered its operations temporarily.
On the BSE, the scrip hit the lower circuit of Rs 217.70, a fall of 10 per cent compared to the previous closing level.
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Similar trend was witnessed on the NSE too, where the share crashed to hit the lower price band of Rs 216.45.
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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.
The announcement came early morning ahead of market opening.
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