Jet Airways shares continue downward trend; tumble nearly 12%
New Delhi: Shares of grounded Jet Airways continued the downward trend, plunging nearly 12% on Friday, after stock exchanges, earlier this week, decided to impose restrictions on its stock trading from 28 June.
The scrip tanked 10.77% to close at ₹82.05 on the BSE. Intra-day, the airline’s stock tumbled 13.37% to touch its multi-year low at ₹79.65.
On the NSE, shares plummeted 11.80% to close at ₹81.05.
In terms of traded volume, 19.47 lakh shares were traded on the BSE, while over 1 crore shares were traded on the NSE.
