Jet Airways (India), a provider of domestic and international airline services, witnessed a rise in share price on Wednesday on news that Naresh Goyal-promoted Jet Airways has begun to formally discontinue its low-cost arm JetLite by rolling out full service products on all flights across its domestic network.

Shares of the company  are trading at Rs 385.85, up Rs 8.9, or 2.36%  at the Bombay Stock Exchange (BSE) on Wednesday at 11:14 a.m. The scrip has touched an intra-day high of Rs 393.90 and low of Rs 368. The total volume of shares traded at the BSE is 796,506.