Jet Airways surges 62% in 2 weeks: Again to fly back in 4-6 months

Jet Airways surges 62% in 2 weeks: Again to fly back in 4-6 months

On Wednesday, shares of Jet Airways were locked in a 5 percent upper circuit for the tenth straight session. During the period, the stock has surged 62 percent from Rs 28.7 on 7 October to Rs 46.5 on 21 October.

Jet Airways has been grounded since April 2019 on a massive liquidity issue. Various classes of creditors have collectively made claims of Rs 40,259.12 crores against Jet Airways in NCLT