Jet Airways surges 13% as Naresh Goyal steps down from the board

The stock jumped 18 per cent to Rs 266 in the intra-day trade, bouncing back 21 per cent from its early morning low of Rs 219 on the NSE.

Shares of Jet Airways (India) jumped 18 per cent to Rs 266 in the intra-day trade on Monday, bouncing back 21 per cent from its early morning low of Rs 219 on the National Stock Exchange (NSE), after the company announced Chairman Naresh Goyal and his wife Anita Goyal have quit the board of the airline. The company made announcement after market hours.

The stock finally settled nearly 13 per cent higher at Rs 254.50 on the NSE.  In comparison, the Nifty50 index was down 1 per cent at 11,354 points today.

The trading volumes on the counter