Extending its previous day's rally, shares of the company opened on a strong note and further gained 8.78 per cent to Rs 581.85 on the BSE.
At NSE also, the scrip zoomed up by 8.83 per cent to Rs 581.95.
In what is seen as a step towards closing its proposed investment plans in Jet Airways, Etihad Airways yesterday said it has paid $70 million to buy three slots of the Naresh Goyal-promoted airline at Heathrow airport in London.
Regarding the ongoing stake sale talks between the two, Etihad said they continue to progress with discussions about further investment in Jet.
The deal strengthens the existing commercial relationship between the two airlines, which came into effect in July 2008,
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