SHIPPING CORP. Share Price Down by 5%; BSE 500 Index Up 0.6%
Fri, 11 Dec 09:28 AM

SHIPPING CORP. share price has plunged 5% and is presently trading at Rs 90.

Meanwhile, the BSE 500 Index is at 17,790 (up 0.6%).

Among the top losers in the BSE 500 Index today is SHIPPING CORP. (down 5.4%).

ALLCARGO LOGISTIC (up 9.9%) and KALPATARU POWER (up 6.1%) are among the top gainers today.

Over the last one year, SHIPPING CORP. has moved up from Rs 59 to Rs 90, registering a gain of Rs 31 (up 52.5%)..

The BSE 500 has moved up from 15,345 to 17,790, registering a gain of 2,445 points (up 15.9%) during the last 12 months.

The top buzzing stocks among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 702.6%), LAURUS LABS (up 394.6%) and DIXON TECHNOLOGIES (up 247.6%).

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What About the Benchmark Indices?

The BSE Sensex is at 46,178 (up 0.5%). The top gainers among the BSE Sensex stocks today are ONGC (up 5.4%). The most traded stocks in the BSE Sensex are ONGC and ITC.

In the meantime, NSE Nifty is at 13,547 (up 0.5%). ONGC (up 7.1%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 40,487 to 46,178, registering a gain of 5,691 points (up 14.03%).

SHIPPING CORP. Financial Update...

SHIPPING CORP. net profit stood at Rs 3 billion for the quarter ended June 2020, compared to a profit of Rs 3 billion a year ago. Net Sales declined 9.1% to Rs 11.4 billion during the period as against Rs 12.6 billion in April-June 2019.

For the year ended March 2018, SHIPPING CORP. reported 78.4% increase in net profit to Rs 2.5 billion compared to net profit of Rs 1.4 billion during FY17.

Revenue of the company grew 0.6% to Rs 35 billion during FY18.

The current Price to earnings ratio of SHIPPING CORP., based on rolling 12 month earnings, stands at 5.9x.



What else is happening in the markets today? Dig in...

  

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Dec 11, 2020 11:30 AM

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