Dredging Corporation of India (DCI) jumped up over 2.5% to Rs.702.40 and continues to remain in the green. Its 52-week high is at Rs.920.

The Govt wants to divest its entire 100% stake in DCI. It currently holds 73.47% stake.

The good news is that instead of fearing a union backlash over this privatization move, the employee themselves have offered to buy the Govt’s entire stake.

The market is happy merely with the thought that privatization might happen after