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Shipping Corporation Of India’s Non-Core Assets Are Worth Twice Their Book Value — Exclusive
The company’s non-core assets are cumulatively value at Rs 4,929 crore.
19 Mar 2024, 10:21 AM IST ![NDTV Profit](/icons/feather-without-circle.svg)
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![<div class="paragraphs"><p>A Cargo Ship (Source: <br>william william/Unsplash)</p></div>](https://media.assettype.com/bloombergquint%2F2024-02%2Fde0a9a80-8037-4532-b641-df8de9eaff70%2Fwilliam_william_NndKt2kF1L4_unsplash.jpg?rect=0%2C248%2C5378%2C3025&auto=format%2Ccompress&w=200)
A Cargo Ship (Source: william william/Unsplash)
The market value of Shipping Corporation of India Ltd.'s non-core assets, which have been hived off into a separate entity, is twice their book value.The assets of Shipping Corporation of India Land and Assets Ltd., including multiple apartments across Mumbai and Kolkata, have a cumulative market value of Rs 4,929 crore, according to NDTV Profit calculations based on data sourced from Anarock Research and other industry sources.This ...
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