After three days of consecutive losses, shares of Jet Airways have turned green in early trade on Thursday, surging almost 8 per cent.
The PTI report recommended that top management of Darwin Group, which was one of the gratuitous bidders of the Jet Airways, met SBI official Caps to discuss the proposal, on Wednesday.
However, the stocks of the airline failed to hold the height and peeled most gains soon.
The Darwin Group has offered Rs 14,000 crore deal to the lenders for acquiring the grounded airline, PTI quoted its CEO Rahul Ganpule saying so. Darwin Group claims of having investments in various sectors including oil and gas, hospitality, realty, among others, as well.
The ailing carrier owes over Rs 8,000 crore to the lenders.