Jet Airways shares drop nearly 4%

NEW DELHI: Shares of Jet Airways fell nearly 4% on Tuesday amid the debt-ridden company massively cancelling flights after grounding of a large part of its fleet.

The shares of the company declined 3.35% to close at ₹229.05 a piece on the BSE. During the day, it plunged 5.48% to ₹224.

At the National Stock Exchange (NSE), shares dropped 3.65% to close at ₹228.10 per scrip.

On the traded volume front, 13.19 lakh shares were traded on the BSE and over one crore shares on the NSE during the day.

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