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Shares of Jet Airways were up over 2% at Rs 448 on media reports that the domestic airline has appointed global consultant to help it turn around.
Jet Airways has appointed Alvarez & Marshal to help it return to profitability for 12 months in a row, The Economic Times reported.
The airline major managed to post a profit of Rs 69.82 crore for the second quarter ended September 30, 2014 even as it registered huge losses in the previous few quarters.
The stock opened at Rs 443 and touched a high of Rs 459. At 12:25PM, over 3.2 million shares were traded on both the stock exchanges.
