The pricing of this FPO will be the most important criteria for this FPO subscription. In this article, we will cover details about
Market Experts Recommendations for Shipping Corporation of India SCI Limited FPO IPO
This is the largest shipping company of India and has a Liner services to all trading partners of India across the globe.
This has the capacity to carry anything and everything - dry, liquid, liquified gaseous forms of cargos and that's what gives this company a big headstart and advantage
It has 74 vessels to its fleet - offering a big variety of dry bulk carriers, passenger-cum-cargo vessels, container vessels, VLCC - very large crude carriers, crude oil tankers, product tankers, phosphoric acid and chemical carriers, ammonia& LPG carriers, and offshore supply vessels
It has also diversified into new areas of services
Both for the long term and short term holding, this stock is recommended by majority of the market experts.
Howeverm Investors should also leave some room for downside, in case the overall market collapses. The markets are going sea-saw recently. And the final price of the listing date of this FPO will be the most important. Hence, owing to various factors, the stock market may move either way and so can the price of this stock of Shipping Corporation of India SCI.
SBI Capital Markets Limited, ICICI Securities Limited and IDFC Capital are BRLM's to the FPO issue
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