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jet airways shares: Jet Airways shares hit 5% upper circuit. Here's why

"JKC, the new proposed promoters of Jet Airways, today completed an additional infusion of Rs 100 crore, reaffirming its unwavering commitment to a successful resurgence of Jet Airways. With this infusion, JKC has now fulfilled its total financial commitment of Rs 350 crore equity as per the court-approved resolution plan, and all commitments by JKC now stand fulfilled to take control of the iconic airline," Jet Airways said. ....

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Jet Airways shares jump 37% in 7 sessions; time to buy, sell or hold?

Jet Airways share price: Today's jump in the share price came after aviation regulator DGCA renewed its air operator certificate. The Directorate General of Civil Aviation (DGCA) has renewed the Airport Operator Certificate (AOC) of Jet Airways on July 28, the Jalan-Kalrock Consortium said in an official statement.
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