Shares of Greaves Cotton Ltd, Seamec Ltd and Jindal Saw Ltd have rallied in today’s trading session.
While markets opened up with huge positivity, as of noon, BSE Sensex was up by 1.85 per cent.
Seamec Ltd gained more than 14 per cent
Seamec Ltd owns and operates 4 multi-support vessels for the provision of diving services, manned and unmanned subsea operations and related activities. The share has rallied more than 14 per cent in the first half of today's trading session as the company informed that the Board of Directors of the Company is scheduled to be held on Monday, March 28, 2022, inter-alia to consider and evaluate the draft scheme of arrangement in connection with the proposal of merger/demerger/reverse merger/restructuring arrangement between the company and HAL Offshore Limited (HAL).