Research icon :Jet Airways spikes 150% ahead of NCLT order on insolvency plea

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The stock hit an intraday high of Rs 82.75 after hitting a record low of Rs 27 (down 33.1           percent intraday) the in morning 

Jet Airways shares shot up 150 percent intraday on June 20 amid short covering ahead of order from National Company Law Tribunal on insolvency plea filed by State Bank of India.The stock hit an intraday high of Rs 82.75 after hitting a record low of Rs 27 (down 33.1 percent intraday) in the morning. It had plunged 60 percent in the last seven days and 88 percent in one year.It was quoting at Rs 74.10, up Rs 41, or 123.87 percent on the BSE at 1518 hours IST.

The National Company Law Tribunal reserved order on insolvency plea filed by country's largest lender SBI against Jet Airways and the order will be passed at 1700 hours IST today,

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