Shipping sector shine as govt taking steps to reduce logistics cost to boost growth

05 Aug 2020 Evaluate

Shipping stocks were trading higher as government has initiated multiple steps to reduce high logistics cost, including strengthening inland waterways and urged private players to join hands to propel India’s growth.

Shipping Corporation of India is currently trading at Rs. 54.95, up by 1.50 points or 2.81% from its previous closing of Rs. 53.45 on the BSE. The scrip opened at Rs. 53.80 and has touched a high and low of Rs. 55.00 and Rs. 53.80 respectively.

Dredging Corporation of India is currently trading at Rs. 263.15, up by 8.40 points or 3.30% from its previous closing of Rs. 254.75 on the BSE. The scrip opened at Rs. 256.05 and has touched a high and low of Rs. 264.85 and Rs. 256.05 respectively.

Cochin Shipyard is currently trading at Rs. 325.00, up by 0.90 points or 0.28% from its previous closing of Rs. 324.10 on the BSE. The scrip opened at Rs. 329.50 and has touched a high and low of Rs. 329.50 and Rs. 324.00 respectively.

Shipping Corpn. Share Price

210.00 1.00 (0.48%)
24-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Shipping Corpn. 210.00
GE Shipping 968.85
Dredging Corp 849.00
Seamec 1115.80
Transworld Shipping 420.80
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