Jet Airways soars 8% as Rakesh Jhunjhunwala buys stake
Shares of Jet Airways soared 8 percent intraday on Monday after it got itself a new maverick investor. Ace investor Rakesh Jhunjhunwala purchased 1.05 percent stake in the airline company for Rs 50.52 crore through an open market transaction. Jet Airways had gained 11 percent on Friday.