Service Tax Dept blocks Kingfisher Airlines accounts

According to reports, Service Tax Department has blocked Air India and Kingfisher Airlines accounts for default. The dues may be recovered through sales of assets.
 
The share touched an intraday high of Rs 24.20 and an intraday low of Rs 23.15. At 09:38 hrs the share was quoting at Rs 23.70, down Rs 1.25, or 5.01%.
 
It was trading with volumes of 229,914 shares. In the previous trading session, the share closed down 2.73% or Rs 0.70 at Rs 24.95.

The company touched its 52-week high Rs 69.40 and 52-week low Rs 17.55 on 08 Dec, 2010 and 11 Nov, 2011, respectively. Currently, it is trading -65.85% below its 52-week high and 35.04% above its 52-week low. Market capitalisation stands at Rs 1,179.74 crore.