Shipbuilding stocks to benefit after announcement of ₹25,000 Cr Maritime Development Fund

Mixed price movements were observed in the shares of shipping companies on Saturday after Finance Minister Nirmala Sitharaman announced various revamps in the sector. The Shipbuilding Financial Assistance Policy will be updated to lower costs, including reductions like Credit Notes for shipbreaking in Indian yards to support recycling. Large-size ships will be included in the … Continue reading Shipbuilding stocks to benefit after announcement of ₹25,000 Cr Maritime Development Fund