SHIPPING CORPORATION OF INDIA LTD is a 10 rupee face vaue PSU stock.Promoter ( govt of India) hold 63.75 % stocks in SHIPPING CORPORATION OF INDIA LTD and FII hold 2.87% DII hold 20.40% so promoters and institutional holdings is good.Book value of SHIPPING CORPORATION OF INDIA LTD is 153.89 so this is a value buy at CMP of 69.SHIPPING CORPORATION OF INDIA LTD is India best dividend paying company so this is the reason for mutual fund holding is near 20 %.This stock giving 5-6 rupee per year dividend in last few years.Debt/ equity ratio is 0.65 for SCI Ltd., so i think this is not a high debt company......Buy at CMP of 69/- .
