Kingfisher Airlines (KFA), the Mallya
group company, surged on Friday after it announced that all of its
employees have agreed to resume work and report for duty
immediately.
''All employees are now eagerly looking forward to working together in order to re-starting operations very soon. We will now finalize and present our resumption plan to the DGCA and hope to get their concurrence soon, '' the airline said.
Shares ofthe companyare trading at Rs
11.40, up Rs 0.5, or 4.59% at the Bombay Stock Exchange (BSE) on
Friday at 9:31 a.m.The scrip has touched an intra-day high of Rs
11.40 and low of Rs 11.40. The total volume of shares traded at the
BSE is 128,273.In the earlier session, the shares rose 4.81%, or Rs
0.5, at Rs 10.90. Currently, the stock is trading down 63.11% from
its 52-week high of Rs 30.90 and above 62.62% over the 52-week low
of Rs 7.01.
Comments(2)
SEBI must more liberal with KFA allowing BSE and NSE to raise upper circuit limit of KFA shares to 20% so that KFA shares will recover faster otherwise Brokers working for FII and FDI will rob small investors of our country. I have no hesitation to remind SEBI that cheat companies took permission to restructure and merged their small company shares in the ratio of 1:11. SOME company restructured and opened their stock at higher value of RS.250 and so. Robbed investors and now quoted below par
Posted by Msaleem at 10/26/2012 14:07 Reply to this Report abuse
SEBI must be more liberal with KFA allowing BSE and NSE to raise upper circuit limit of KFA shares to 20% so that KFA shares will recover faster otherwise Brokers working for FII and FDI will rob small investors of our country. I have no hesitation to remind SEBI that cheat companies took permission to restructure and merged their small company shares in the ratio of 1:11. SOME company stopped trading for few days and reappeared after so called restructure and opened their stock at higher value of RS.250 and so. Robbed investors and now silverline Technology is traded like junk shares. Indo American Optics and Zillion Medicare of Ahmadabad Gujrat has gone underground. Right under the nose of SEBI , CBI,.ED, CVC etc. Great soul Late shri Vinoba Bhave Pardoned all Hardcore criminals and smugglers to comeback to Main stream of Nation. Many abandon their dirty profession and started a fresh life but prosoviet fools in ruling party wasted all money to support soviet caus
Posted by Msaleem at 10/26/2012 14:11 Reply to this Report abuse