 "Shipping industry")
Shares of shipping companies were in focus with Shipping Corporation of India (SCI) rallying 16% to Rs 92, also its 52-week high on the BSE in intra-day trade, after NITI Aayog proposes 26% strategic sale in the state-owned company.
Great Eastern Shipping (GE Shipping), Mercator, Chowgule Steamship, Essar Shipping and Seamac were up in the range of 3% to 5%, as compared to 0.09% rise in the S&P BSE Sensex at 10:02 am.
According to sources, the core group of secretaries on disinvestment, headed by the cabinet secretary, discussed the proposal and has mandated the Shipping Ministry to
Great Eastern Shipping (GE Shipping), Mercator, Chowgule Steamship, Essar Shipping and Seamac were up in the range of 3% to 5%, as compared to 0.09% rise in the S&P BSE Sensex at 10:02 am.
According to sources, the core group of secretaries on disinvestment, headed by the cabinet secretary, discussed the proposal and has mandated the Shipping Ministry to
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