Wednesday 14 January 2015

Jet Airways stock down 3%

Shares of Jet Airways (India) was down 4% to Rs 444 after the company reportedly said that its promoter Naresh Goyal pledges his entire 51% stake in the company to Punjab National Bank (PNB).

The stock has hit a high of Rs450 and a low of Rs437.

On January 8, 2015, Mr Naresh Goyal pledges 57.93 million shares or 51% stake in the company to Punjab National Bank, Jet Airways said in an exchange filing.

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