Kingfisher Airlines spurts over 4% after Mallya promises for revival plan

By Religare
Subscribe to GoodReturns
For Quick Alerts
For Daily Alerts
    Kingfisher spurts over 4% after Mallya promises revival
    Shares of troublesome domestic carrier Kingfisher Airlines jumped over 4 per cent in early trade on Bombay Stock Exchange (BSE) after the company's chairman Vijay Mallya assured to pay pending salaries to employees soon.

    Mallya re-assured that he will personally submit the long pending revival plan to the airport regulator by next week.

    Riding high on hopes, shares of the company gained as much as 4.62 per cent to trade at Rs 9.05 a piece on the BSE.

    In a similar fashion, shares of the company were quoting at Rs 8.95 a piece, up 2.87 per cent on the National Stock Exchange (NSE).

    Meanwhile, the broader benchmark Sensex was quoting at 18,801.50, up 8.63 points or 0.05 per cent at 9:44 hours.

    Read more about: kingfisher airlines
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more