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.

<div class="paragraphs"><p>A Cargo Ship (Source:&nbsp;<br>william william/Unsplash)</p></div>
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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