BSE surveillance: Jet Airways shares’ circuit limit tweaked
3 Dec 2014 11:32 PM GMT
Leading stock exchange BSE on Tuesday revised the permissible daily trading limit for shares of Jet Airways and 19 other companies, as part of a surveillance action.
The new limits, which ensure that stock prices do not go up or down beyond a level during a trading session, will be effective from Wednesday. In a circular, BSE said the price of Jet Airways cannot change by more than 10 per cent in a day. The stock price of Jet Airways has spurted by 48 per cent in the last five trading sessions. The company's shares on Tuesday closed at Rs 376.95 apiece on the BSE, up 8.29 per cent.
The new limits, which ensure that stock prices do not go up or down beyond a level during a trading session, will be effective from Wednesday. In a circular, BSE said the price of Jet Airways cannot change by more than 10 per cent in a day. The stock price of Jet Airways has spurted by 48 per cent in the last five trading sessions. The company's shares on Tuesday closed at Rs 376.95 apiece on the BSE, up 8.29 per cent.
Next Story
