New Delhi, Nov 21 () Shares of Bharat Petroleum Corp Ltd (BPCL) and Shipping Corp of India (SCI) tumbled on Thursday after the Cabinet approved sale of government’s stake in these companies.
Shipping Corp stock dropped 6.29 per cent to close at Rs 64.05 on the BSE. During the trade, it declined 7 per cent to Rs 63.50.
The scrip of BPCL plunged 5.66 per cent to close at Rs 513.80. During the day, it tanked 6.15 per cent to Rs 511.10.
Both BPCL and Shipping Corp had hit their respective 52-week highs in early trade.
Container Corp stock fell 0.49 per cent to Rs 575.15. In intra-day, it dipped 0.78 per cent to Rs 573.45.
