The stock after making a strong opening further jumped 15.94 per cent to Rs 92 -- its 52-week high -- on the BSE.
On the NSE, it surged 15.61 per cent to a one-year high of Rs 91.80.
NITI Aayog has proposed strategic sale of about 26 per cent stake in Shipping Corporation of India, which could fetch about Rs 960 crore to the exchequer. The government holds 63.75 per cent stake in the Navratna PSU.
The government has budgeted to raise Rs 15,000 crore through strategic sale of PSUs this fiscal.
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