Jet Airways falls after denying stake-sale buzz
By IRIS
27th November 2012 11:18 AM
Jet Airways (India), a provider of
domestic and international airline services, fell on Tuesday after
it denied stake-sale report.
The company said, "With reference to the news item appearing in
a leading financial daily titled - "Buzz on Jet-Etihad deal gets
louder", we are aware that recently there has been much speculation
in the Press. The company however cannot comment on such
speculative reports," the company added.
Shares ofthe companyare trading at Rs
548, down Rs 12.4, or 2.21% at the Bombay Stock Exchange (BSE) on
Tuesday at 9:54 a.m.The scrip has touched an intra-day high of Rs
569 and low of Rs 530.10. The total volume of shares traded at the
BSE is 506,482.In the earlier session, the shares gained 10.81%, or
Rs 54.65, at Rs 560.40. Currently, the stock is trading down 8.48%
from its 52-week high of Rs 598.80 and above 228.14% over the
52-week low of Rs 167.
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