Jet scrip trades lower on reports of government probe
Tuesday - August 21, 2018 2:10 pm ,
Category : BUSINESS
Jet scrip trades lower on reports of government probe
Mumbai Aug 21 (IANS) The scrip of Jet Airways traded lower during the mid-afternoon trade session on Tuesday after reports claimed that the government has initiated a probe against the airline.
However in a regulatory filing to the BSE the airline said that it has not received any communication in this regard from the Ministry of Corporate Affairs (MCA).
The stock exchange had sought a clarification from Jet Airways on reports which claimed that the MCA has commenced a probe against Jet Airways on suspicion of siphoning off of funds.
Around 1.30 p.m. the company s scrip traded lower by 2.54 per cent or Rs 7.65 at Rs 293.55 per share from its previous close of Rs 301.20.
--IANS rv/in/bg
However in a regulatory filing to the BSE the airline said that it has not received any communication in this regard from the Ministry of Corporate Affairs (MCA).
The stock exchange had sought a clarification from Jet Airways on reports which claimed that the MCA has commenced a probe against Jet Airways on suspicion of siphoning off of funds.
Around 1.30 p.m. the company s scrip traded lower by 2.54 per cent or Rs 7.65 at Rs 293.55 per share from its previous close of Rs 301.20.
--IANS rv/in/bg
