BSE Code - 523598
Face Value - Rs 10.00
Group - BSE 'B'
Shareholding pattern (a)Promoters - 63.75%
(b)Institutions - 20.44%
(c)Non-Institutions - 15.81%
One year High -Low Rs 73.25 - Rs 30.05
Shipping Corporation of India (SCI) will be hiking rates on ISE and IPAK service and (Indian Subcontinent to Europe) with effect from September 12, 2014. The company has taken this step in order to meet increasing operational costs and maintain high level of reliability and proficiency to the customers.
The Freight rate increase will now be $250/TEU and $500/FEU. It will also be applicable for the shipments from Indian Sub-continent to Europe, Mediterranean, Black Sea & Red Sea trade route.
SCI is the only Indian shipping company operating break-bulk service, international container service, liquid / dry bulk service, offshore service, passenger service, in addition to manning / managing a large number of vessels on behalf of various government departments and organizations.
Current sock price is Rs 60.20, up by 0.50 points from its previous closing of Rs 59.70 on the BSE.
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