Jet Airways shares jump 5 per cent as Jalan Kalrock Consortium infuses `100 crore into company

Shares of Jet Airways on Friday rallied 5 per cent to hit its upper circuit limit after Jalan Kalrock Consortium said it has infused an additional Rs 100 crore into the airline.

The stock jumped 5 per cent to Rs 55.91 — its upper circuit limit — on the BSE.

On the NSE, it rallied 4.98 per cent to Rs 55.80 — its upper circuit limit.

Jalan Kalrock Consortium, the winning bidder for the revival of grounded carrier Jet Airways, on Friday said it has infused an additional Rs 100 crore in the airline as per the court-approved resolution plan.

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