After three consecutive sessions of losses, shares of Jet Airways turned green in early trade on Thursday, surging almost 8 per cent. However, the stock failed to hold altitude and pared most gains soon. Around 9:45 am, shares of Jet traded 3.52 per cent up at Rs 128.05 on BSE.
A PTI report on Wednesday suggested that top management of Darwin Group, which was one of the unsolicited bidders for Jet Airways, met officials of SBINSE 1.44 % Caps to discuss its proposal.
The Group has offered Rs 14,000-crore deal to the lenders for acquiring the grounded airline, PTI quoted its CEO Rahul Ganpule saying so. Read More