अब आप न्यूज्ड हिंदी में पढ़ सकते हैं। यहाँ क्लिक करें
cyfy
Home » IANS » Jet stocks surge 7% over reports of Goyal quitting

Jet stocks surge 7% over reports of Goyal quitting

By IANS
Published on :

Mumbai, March 1 (IANS) The scrip price of Jet Airways surged up to 7 per cent on Friday following reports that the companys chairman Naresh Goyal has agreed to step down from his post.

On the intra-day basis, the company traded at Rs 236.60 a piece, up Rs 13.80 or 6.19 per cent at around 2 p.m., after the surge.

“Stocks are gaining as Goyal’s stepping down will open up the opportunity for new investors which the company is in dire need of,” Saurabh Jain, AVP, SMC Global, told IANS.

“Earlier some reports said that Goyal will pump in over Rs 500 crore but even that would not fix things for Jet Airways.”

Jain added that markets were awaiting fresh developments.

Earlier this week, Jet Airways said that 13 aircraft had been grounded due to non-payment of amounts under lease agreements, following which its stocks declined steeply.

–IANS

ravi-rv/ksk/mr

(This story has not been edited by Newsd staff and is auto-generated from a syndicated feed.)
(For more latest news and updates Like us on Facebook, Follow us on Twitter. Download our mobile app )