New investor for Jet Airways

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By TESTCustomwebLP TESTCustomwebLP November 3, 2015 05:55

New investor for Jet Airways

Shares of Jet Airways climbed by more than 8% after it was reported that investor Rakesh Jhunjhunwala bought a 1.05% per cent stake in the aviation company through his asset management firm Rare Enterprises.

Rare Enterprises bought 11,95,000 equity shares of Jet Airways at an average price of Rs 422.76, which caused the stock price to jump 8.08% to hit a high of Rs 472.

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By TESTCustomwebLP TESTCustomwebLP November 3, 2015 05:55