The Union Cabinet has approved the proposal for introducing measures to encourage shipbuilding and ship repair industry in India under the ‘Make in India’ initiative.
Global Offshore climbed 3.7% to Rs.353.The scrip opened at Rs. 346.95 and has touched a high and low of Rs. 359.7 and Rs. 334.5 respectively. So far 197,112 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 841.93 crore.
Mercator soared 2.8% to Rs.25.50. The scrip opened at Rs. 27.9 and has touched a high and low of Rs. 27.9 and Rs. 24.95 respectively. So far 840,677 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 607.35 crore.
ABG Shipyard jumped 2.5% to Rs.64.50. The scrip opened at Rs. 67 and has touched a high and low of Rs. 67 and Rs. 64.35 respectively. So far 841,224 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 339.85 crore.
Shreyas Shipping & Logistics gained 1% to Rs.432.50. The company has signed an MoU with Suzue Corporation of Japan for a Joint Venture.
Essar Shipping is currently trading flat at Rs.20.55 on BSE.
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