Jet Airways extends fall as ICRA downgrades credit rating

Shares of Jet Airways have slipped 6% to Rs 258 on Monday, extending its previous week’s 10% decline, after the rating agency ICRA on Friday downgraded cash-strapped airline's long-term ratings from 'B' to 'C', the second such action by it since October. The short-term ratings have, however, been reaffirmed to 'A4'.

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