Shares of state-run Dredging Corporation of India rose as much as 9.9 per cent to Rs 384, their highest since September 26 this year
The government is likely to sell its entire 73.44 per cent stake in Dredging Corporation to a consortium of four ports, minister for Electronics and IT Ravi Shankar Prasad said on Thursday.
The stock has made the best intraday gain since October 10.
About 3 lakh shares traded, vs the 30-day moving avg of 182,438 shares.
The stock was down 59.1 per cent this year.