In terms of volumes, 18.10 lakh shares were traded on the BSE and over one crore shares changed hands on the NSE. Following the drop in its share price, the company's market valuation fell Rs 150.28 crore to Rs 1,271.72 crore on the BSE. The TelegraphThe drop came on media reports the Hinduja group and Etihad Airways may not proceed with plans to acquire the airline. Jet Airways owes more than Rs 8,000 crore to a consortium led by the SBI. Jet Airways had recently announced that it is not in a position to approve the audited financial results for 2018-19.

Source: The Telegraph June 11, 2019 19:30 UTC