Shares of Jet Airways Ltd on Monday plunged as much as 23.2 per cent to ₹ 126.65, their lowest level since March 13, 2009.
It has seen about ₹ 1,534 crore ($219.61 million), or just over 50 per cent of its market value, being shaved off since the airline suspended all operations on Wednesday last week
The stock is headed for a third straight session of loss. More than 17.3 million shares changed hands in less than an hour of trade, slightly more than its 30-day average volume of 16.4 million shares.