See 50% rise in Essar Shipping: Tulsian

See 50% rise in Essar Shipping in the six month time, says SP Tulsian, sptulsian.com.

Tulsian told CNBC-TV18, "If you see the value which has been lying in Essar Shipping and I think the recent high court approval to the restructuring move will lead to company getting bifurcated in two. One is the shipping logistic and oil field services will go into one company that is Essar Shipping of which one share will be given to the shareholder for every three shares held now in this company and second will be the Essar Port of which the existing company will be renamed as Essar ports