Jet Airways Shares Tank Over 23% After Stock Exchanges Announce Restrictions - Dollar Advisory Services : Best Research Advisory Firm

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Thursday, June 13, 2019

Jet Airways Shares Tank Over 23% After Stock Exchanges Announce Restrictions

Shares of Jet Airways Thursday cracked over 23 per cent after stock exchanges decided to impose restrictions on its stock trading from June 28. The scrip plummeted 23.18 per cent to hit a multi-year low of 84.80 on the BSE. Stock exchanges will impose restrictions on trading in Jet Airways shares from June 28 as part of preventive surveillance measures to curb excessive volatility, according to a circular. Cash-starved Jet Airways suspended operations in April and lenders are working on ways for revival of the airline.
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