Shipping Corporation of India Ltd share Price Today

The Shipping Corporation of India is a government of India enterprise founded in 1961. The company operates and manages ships that move on domestic and international routes for commercial purposes. The company, headquartered in Mumbai, Maharashtra, is the largest shipping line in India. Its fleet includes bulk carriers, container vessels, crude oil tankers, product tankers, LPG and offshore supply vehicles, and more. The company’s services include break-bulk services, liquid/dry services, international container services, passenger services, and more.

On 13 February 2023, the market capitalisation of the company was Rs 5,489.44 crore. It reported consolidated sales of Rs 1,500 crore at the end of October 2022. The company is listed on the Bombay Stock Exchange with the code 523598 and the National Stock Exchange with the code SCI.

On 31 December 2022, the company’s shareholding pattern indicated a promoter stake of 63.75% with a 3.3% stake of foreign institutional investors. Mutual funds and DIIs held a consolidated stake of 6.97%, and the public held a stake of 25.9% in the company. The company’s shareholding pattern has remained largely consistent over the past year. 

The company’s board of directors comprises B K Tyagi, Sanjay Kumar, Vikram Singh, Anil Kumar Misra, Arunima Dwivedi, Gulabbhai Rohit, KNP Chakravarthy, Pramod Kumar Panda, Shreekant Pattar, Atul Ubale, P K Gangopadhyay, Vikram Dingley and others. The auditors are V Sankar Aiyar & Co., Chokshi & Chokshi LLP, and Haribhakti & Co. LLP. On 30 September 2022, the company had a total of 46.6 crore shares outstanding.

On 13 February 2023, The Shipping Corporation of India’s price on BSE was Rs 117.95 and Rs 117.45 on NSE. The share price touched a 52-week high of Rs 151.40 and a 52-week low of Rs 85.60. Its three-month return to investors was -11.8%, while its one-year return was -4.76%.

As on November 2022, ICICI Pru S&P BSE 500 ETF-G had invested Rs 0.01 crore in the company.

 On November 2022, the company had a trailing twelve-month (TTM) revenue of Rs 4,994.93 crore. The company also had a net profit of Rs 865.22 crore during the same period.

Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code: 07730), BSE Ltd (Member Code: 103) and Member of Multi Commodity Exchange of India Ltd.(Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Ms. Mamta Shetty, Contact number: 022-40701022, E-mail address: complianceofficer@icicisecurities.com. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Such representations are not indicative of future results. The securities quoted are exemplary and are not recommendatory. Investors should consult their financial advisers if in doubt about whether the product is suitable for them. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Shipping Corporation of India share price as on 30 Jun 2024 is Rs. 251.85. Over the past 6 months, the Shipping Corporation of India share price has increased by 52.13% and in the last one year, it has increased by 148.13%. The 52-week low for Shipping Corporation of India share price was Rs. 96.8 and 52-week high was Rs. 290.75.