The Shipping Corporation of India Limited’s (NSE:SCI) stock price dropped 4.9% last week; state or government would not be happy
Key Insights
- Significant control over Shipping Corporation of India by state or government implies that the general public has more power to influence management and governance-related decisions
- India owns 64% of the company
- Institutions own 11% of Shipping Corporation of India
Every investor in The Shipping Corporation of India Limited (NSE:SCI) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 64% to be precise, is state or government. In other words, the group stands to gain the most (or lose the most) from their investment into the…
