The sudden rise in Jet Airways stock comes ahead of an order to be passed by National Company Law Tribunal (NCLT) on insolvency plea filed by country's largest lender SBI.

With Wednesday's fall, Jet Airways shares plunged 97 per cent from its initial public offering price of Rs 1,100 on 14 March 2005

The creditors have been looking for a non-bankruptcy resolution ever since its temporary shutdown in April; Jet Airways owes over Rs 8,500 crore to the SBI-led consortium of banks

In the past 14 years Jet shareholders have lost Rs 11,397.18 crore from its peak market capitalisation of Rs 11,856.68 crore as on April 26, 2005. At that time, the share price of the airline had clocked an all-time high of Rs 1,373.35.

Amid volatile trade, domestic equity benchmark indices, BSE Sensex & NSE Nifty snapped four-day losses and gained over 0.20 % each to close in the green today.Sensex ended higher by 85 points at 39,046, while Nifty rose 19 points to close at 11,691. Of 50 Nifty stocks , 32 closed higher and on Sensex, 20 ended in the green.On the sectoral front, except FMCG, Pharma, Media and Auto stocks, all other indices advanced on the closing bell, with maximum gains in IT, Metal and E...

Meanwhile, two independent directors of Jet Airways stepped down from the company's board, citing the failure of the bank-led resolution plan for the debt-laden airline as one of the reasons.

Captain Asim Valiani, President of the pilot union National Aviators Guild said that many employees did not accept good offers because they believed that revival was on the cards

Extending previous session losses, Reliance Infrastructure share price declined as much as 16.90 per cent to hit a record low of Rs 46.95 on the BSE

HDFC Asset Management Company share price fell up to 6.67% to Rs 1,801.05 level compared to the previous close of 1,929.75 level on BSE.

Jet Airways share price opened at a loss of 9.96% at 61.50 level on BSE. Jet Airways share price has fallen 45.06% during the last one week. The stock has fallen 84% during the last one year and lost 77.85% since the beginning of this year.

Jet Airways crisis: After failing to find a resolution outside the bankruptcy framework for the debt-ridden Jet Airways, the SBI-led consortium has decided to move the NCLT for realising their dues

Vedanta has won 51 blocks out of the 87 that were auctioned in the three rounds of bidding under OALP.

NDTV share price fell in trade today after Securities and Exchange Board of India (SEBI) barred Prannoy Roy and Radhika Roy, promoters of New Delhi Television Limited (NDTV), from holding or occupying any position as Director or key Managerial Personnel in the company  for two years and one year for holding any managerial personnel in any other listed company.

Piramal Enterprises has sold its entire direct investment of 9.96 percent in the fully paid-up share capital of Shriram Transport Finance Company Ltd to third party investors on the floor of the stock exchange

Jet Airways share opened at a loss of 7.62% at 75.80 level on BSE. Jet Airways share price has fallen 43% during the last one week. The stock has fallen 81% during the last one year and lost 75% since the beginning of this year.

Equity benchmark indices extended losses in the last hour of the trade to end in the red, after sources said that India will impose retaliatory tariffs on 29 US products.Sensex ended down by 289.29 points at 38,452, while Nifty fell by 90.75 points to close at 11,823. Overall 26 out of the 30 stocks ended in the red on Sensex and 42 out of the 50 stocks were negative on Nifty.On the sectoral front, all indices closed in the red. Media and Realty were the biggest losers and wer...

Market recovered from day's low on Thursday, with Sensex closing at 39,741,down 15 points, while Nifty, closed in the green, up by 7 points to close at 11,914 level. Broader indices especially the midcaps witnessed selling pressure in today's volatile trade.Sector- wise, Media, Realty, Financial services, Infra and bank indices closed in the green today, while biggest fall was seen in PSU Bank and IT sector, each declining around 1%, followed by decline in Pharma and Auto, which...

Two tankers were hit in suspected attacks in the Gulf of Oman and the crew have been evacuated, shipping sources said on Thursday, a month after a similar incident in which four tankers in the region were struck.

Engine maker CFM International is poised to announce one of the world's largest jet engine orders with a deal for more than 600 engines from India's IndiGo, industry sources said.

Jet Airways share price slumped over 23%  to 84.80 level compared to the previous close of 110.40 on BSE. Jet Airways share opened at a loss of 9.96% at 99.40 and fell to a fresh 52-week low of 84.80 on BSE.