Moneycontrol PRO
HomeNewsBusinessCompaniesKingfisher shares drop after licence suspension

Kingfisher shares drop after licence suspension

Shares in Kingfisher Airlines Ltd dropped 4.8 percent on Monday, after its licence was suspended on Saturday.

October 22, 2012 / 09:46 IST
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Shares in Kingfisher Airlines Ltd dropped 4.8 percent on Monday, after its licence was suspended on Saturday.


    Kingfisher's licence was suspended after it failed to address the regulator's concerns about its operations, forcing the debt-laden carrier to stop taking bookings.


    Kingfisher Airlines slipped 4.80% or Rs 0.55 at Rs 10.90. It has touched an intraday high of Rs 10.90 and an intraday low of Rs 10.90.


    There were pending sell orders of 3,633,409 shares, with no buyers available. It was trading with volumes of 41,795 shares.
     
    In the previous trading session, the share closed down 4.58% or Rs 0.55 at Rs 11.45.

    first published: Oct 22, 2012 09:36 am

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347