2Photo© hindustantimes.comJet Airways shares plunge nearly 11% amid reports of Hinduja Group, Etihad Airways pulling out of recuse efforts
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New Delhi: Shares of Jet Airways Tuesday plummeted nearly 11 percent amid reports that Hinduja Group and Etihad Airways may not proceed with plans to resurrect the debt-ridden airline.
The company's scrip tumbled 10.58 percent to close at Rs 111.95 on the BSE. During the day, it plunged 14.41 percent to Rs 107.15 -- its 52-week low.
On NSE, the stock dropped 10.25 percent to close at Rs 112.
On the traded volume front, 18.10 lakh shares were traded on the BSE and over one crore shares changed hands on the NSE during the day.