Shares of Shipping Corporation of India (SCI) gained 2.4% to Rs 111.1 after the company’s board approved demerger of non core assets into a new company. The company, in an exchange filing, said that the demerger is aimed at facilitating the government’s strategic disinvestment process of the company in an effective, efficient and rapid manner …
The post Shipping Corporation rises after board OKs demerger of non-core assets first appeared on Hellenic Shipping News Worldwide.
Author: Capt....