Shares of Jet Airways rose nearly 5 per cent at close of trade after its insolvency resolution professional on Wednesday invited fresh expressions of interest for the grounded airline.
The stock gained 4.67 per cent to close at Rs 21.30 on the BSE. During the trade, it advanced 4.91 per cent to Rs 21.35.
On the NSE, it jumped 4.90 per cent to settle at Rs 21.40.
Jet Airways' insolvency resolution professional on Wednesday invited fresh expressions of interest (EoI) for the grounded airline.
This is the fourth time that EoI has been invited for Jet Airways, which was shuttered last year.
The last date for submission of bid documents is May 28 and the final list of prospective resolution applicants will be issued on June 10, as per a public document.