Shipping Corporation to acquire 2 platform supply vessels

Shipping Corporation of India Ltd has announced that the Company has signed the shipbuilding contracts with Cochin Shipyard Ltd on July 09, 2009 at New Delhi for acquisition of 2 nos. Platform Supply Vessels of Ralls-Royce UT 755 Design.

The stock was trading at Rs.114.05, down by Rs.1.85 or 1.60%. The stock hit an intraday high of Rs.115 and low of Rs.111.50.

The total traded quantity was 81447 compared to 2 week average of 428508.

Source : Equity Bulls

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