Shipping Corporation of India is currently trading at Rs. 86.15, up by 3.60 points or 4.36% from its previous closing of Rs. 82.55 on the BSE.
The scrip opened at Rs. 86.95 and has touched a high and low of Rs. 87.75 and Rs. 83.50 respectively. So far 565065 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 92.70 on 21-Dec-2020 and a 52 week low of Rs. 31.65 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 92.70 and Rs. 80.00 respectively. The current market cap of the company is Rs. 3963.95 crore.
The promoters holding in the company stood at 63.75%, while Institutions and Non-Institutions held 16.38% and 19.87% respectively.
The government has invited expressions of interest for strategic disinvestment of its 63.75 percent stake in Shipping Corporation of India (SCI) along with the transfer of management control. The Department of Investment and Public Asset Management (DIPAM) has issued a Preliminary Information Memorandum (PIM) inviting Expressions of Interest (EoI) from potential buyers by February 13, 2021.
The government has appointed RBSA Capital Advisors LLP as its transaction advisor to manage the disinvestment process. The Cabinet Committee on Economic Affairs in November last year gave in-principle approval for the strategic divestment of SCI. However, the plans were delayed due to the pandemic.
Shipping Corporation of India is the only Indian shipping company operating break-bulk service, international container service, liquid / dry bulk service, offshore service, passenger service, in addition to manning / managing a large number of vessels on behalf of various government departments and organizations.
| Company Name | CMP |
|---|---|
| Shipping Corpn. | 210.05 |
| GE Shipping | 1024.75 |
| Dredging Corp | 823.00 |
| Shreyas Shipping | 288.90 |
| Seamec | 1052.00 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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