Shipping Corp up 7% on report govt may invite EoIs for divestment this week

The government is likely to invite bids this week for the privatisation of the SCI, with buyers getting time till mid-February to submit their EoIs, according to a report

Shares of Shipping Corporation of India (SCI) rose 7 per cent and hit a 52-week high of Rs 92.70 on the BSE on Monday on report that the government may invite expressions of interest (EoI) for the company this week. The stock of the state-owned shipping company surpassed its previous high of Rs 89.95, touched on December 11, 2020.

According to a PTI report, the government is likely to invite bids this week for the privatisation of the SCI, with buyers getting time till mid-February to submit their EoIs. CLICK HERE TO READ FULL REPORT

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