Jet Airways falls after denying stake-sale buzz - The New Indian Express

Jet Airways falls after denying stake-sale buzz

Published: 27th November 2012 11:18 AM

Last Updated: 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.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 413.45 146.95 35.54 1 Month 349.45 210.95 60.37 3 Months 339.50 220.90 65.07 6 Months 314.95 245.45 77.93 1 Year 278.15 282.25 101.47 Note: Based on previous day closing price.

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