India's Essar Shipping rises on divestment approval, share sale in 3 units

Essar Shipping

17/08/2023 06:06

** Shares of integrated logistics services provider Essar
Shipping  ESPL.NS  rise as much as 4.72% to 12.20 rupees
    ** Stock set to rise for a second consecutive session, if
gains hold
    ** ESPL says approved divestment of Overseas Direct
Investment and sale of shares in 3 units  urn:newsml:reuters.com:*:nFWN39X0K9
    ** More than 161,000 shares change hands by 10:23 a.m. IST,
1x the 30-day avg 
    ** Stock up 18.9% this year, as of last close


 (Reporting by Anisha Ajith in Bengaluru)
 ((anisha.ajith@thomsonreuters.com))