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Page 333 - Business Finance

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Updated On : 17 May 2019 | 4:51 PM IST
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Updated On : 17 May 2019 | 4:51 PM IST
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Updated On : 17 May 2019 | 4:51 PM IST
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Updated On : 17 May 2019 | 4:51 PM IST
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Updated On : 17 May 2019 | 4:51 PM IST
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Updated On : 17 May 2019 | 4:51 PM IST
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Updated On : 17 May 2019 | 4:51 PM IST
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Updated On : 17 May 2019 | 4:51 PM IST
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Updated On : 17 May 2019 | 4:51 PM IST
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Updated On : 17 May 2019 | 4:51 PM IST
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Updated On : 17 May 2019 | 4:51 PM IST
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Updated On : 17 May 2019 | 4:51 PM IST

Grounded Jet Airways shares plummet over 24% in one month

Shares of Jet Airways have fallen over 24 per cent in one month since the cash-starved airline suspended operations. Jet Airways stopped flying on April 17 after it ran out of cash. In one month, shares of the company tumbled 24.28 per cent to Rs 124.10 on the BSE Friday from Rs 163.90 on April 18. Markets were closed on April 17 for Mahavir Jayanti. The scrip of the firm hit its one-year low of Rs 120.25 on May 15. Its market valuation has eroded by Rs 451.26 crore to Rs 1,409.74 crore on BSE during the one month's time. Jet Airways witnessed top-level exodus earlier this week, with four senior executives, including chief executive Vinay Dube and his deputy Amit Agarwal, quitting the crisis-hit airline. The carrier on Tuesday announced the exit of Dube, Agarwal, Company Secretary Kuldeep Sharma and Chief People Officer Rahul Taneja. Last month, Independent Director Rajshree Pathy, Non-Executive and Non-Independent Director Nasim Zaidi as well as Whole Time Director Guarang Shetty had

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Updated On : 17 May 2019 | 4:51 PM IST
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Updated On : 17 May 2019 | 4:51 PM IST
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Updated On : 17 May 2019 | 4:51 PM IST
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Updated On : 17 May 2019 | 4:34 PM IST
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Updated On : 17 May 2019 | 4:34 PM IST
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Updated On : 17 May 2019 | 4:34 PM IST
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Updated On : 17 May 2019 | 4:33 PM IST