Kingfisher shares hit lower circuit after licence suspension

Kingfisher Airlines stock fell nearly 5 per cent today to touch the lower circuit limit after its flying licence was suspended by the DGCA late last week.

The scrip of the financially-troubled company was down 4.8 per cent and hit the lower circuit limit of Rs 10.90 soon after the opening trade on the BSE.

Kingfisher Airlines on Friday lost its license to fly with aviation regulator DGCA suspending it with immediate effect.

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