BPCL, Container Corp, Shipping Corp extend gains on govt stake sale plan

Mumbai: Shares of Bharat Petroleum Corp Ltd, Container Corp Of India, and Shipping Corp Of India surged, backed by heavy volumes, after news report suggested government plans to sell its stake in these companies.

At 2pm, shares of BPCL were up 3.3%, Container Corp and Shipping Corp Of India rose 4.2% and 10.5%, respectively.

BPCL was up for the fifth consecutive session, while Container Corp Of India and Shipping Corp have risen in four of the five sessions.