Essar Shipping gains over 100% in one month
Essar Shipping has gained over 100 per cent in the past one month. Friday, the stock was locked at the 5 per cent upper circuit at Rs 232.45.
By INDIATIMES NEWS NETWORK |
MUMBAI: Essar Shipping has gained over 100 per cent in the past one month. Friday, the stock was locked at the 5 per cent upper circuit at Rs 232.45.
The recent uptrend in the stock may be attributed to talk of Essar Shipping merging group company Essar Oilfield Services with itself.
Essar Oilfield Services focuses on offshore and onshore drilling activities and is considered to be worth about $1 billion.
The recent uptrend in the stock may be attributed to talk of Essar Shipping merging group company Essar Oilfield Services with itself.
Essar Oilfield Services focuses on offshore and onshore drilling activities and is considered to be worth about $1 billion.
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