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Why Jet Airways share hit lower circuit of 5% today

Why Jet Airways share hit lower circuit of 5% today Market capitalisation of the airline stood at Rs 1,187.09 crore. The stock has touched a 52-week high of Rs 165 and a 52-week low of Rs 13 BusinessToday.In | February 16, 2021 | Updated 14:58 IST Jet Airways stock trades higher than 20, 100 and 200-day but lower than 50, 5-day moving averages Jet Airways shares fell to a lower circuit of 5% in Tuesday s early trade after the cash-strapped domestic carrier reported a standalone loss of Rs 2,841.45 crore for the year ended March 2020. Jet Airways stock price opened with a loss of 5% to an intraday low of Rs 104.50 on BSE as against the last close of Rs 110. The stock has fallen 9.7% in the last 2 days.

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