Jet Airways stock jumps 5% as Jalan Kalrock Consortium expects to restart operations in 4-6 months
The Hindu
Shares of grounded airline Jet Airways surged nearly 5% on February 22 after Murari Lal Jalan of Jalan-Kalrock consortium said that they expect to restart operations of the defunct airline in four to six months after receiving approval from the NCLT for its resolution plan.
After opening in the green, the airline’s share rose 4.98% to hit the upper circuit limit of ₹114.90 on the BSE.
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