The Shipping Corporation of India (SCI) share has been valued at Rs 127 having a face value of Rs 10 per share, which is double the currently traded price of Rs 63 per share, by brokerage firm Tata TD Waterhouse Securities. The scrip had recently hit an all time high of Rs 68 in the Bombay Stock Exchange.
Going by this valuation, the government could net as much as Rs 1827.53 crore from divesting a 51 per cent stake in the corporation. The valuation is expected to go up following the government