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  Business   Companies  02 May 2019  Jet Airways shares dive 22.5 pc, hit 1-year low

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

PTI
Published : May 2, 2019, 1:40 pm IST
Updated : May 2, 2019, 1:40 pm IST

Investors deserted Jet Airways since the start of trading, with the scrip falling sharply by 20.41 per cent to Rs 122.

On the National Stock Exchange (NSE), Jet Airways scrip tumbled 22.46 per cent to hit a one-year low of Rs 118.90.  (Photo: AFP/File)
 On the National Stock Exchange (NSE), Jet Airways scrip tumbled 22.46 per cent to hit a one-year low of Rs 118.90. (Photo: AFP/File)

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 Bombay Stock Exchange (BSE).

On the National Stock Exchange (NSE), Jet Airways scrip 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.

Tags: jet airways, national stock exchange, nse, bombay stock exchange, bse
Location: India, Delhi, New Delhi