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Shipping Corporation of India gains on reporting 71% rise in Q2 consolidated net profit

02 Nov 2021

Shipping Corporation Of India is currently trading at Rs. 134.40, up by 2.05 points or 1.55% from its previous closing of Rs. 132.35 on the BSE.

The scrip opened at Rs. 135.25 and has touched a high and low of Rs. 138.50 and Rs. 134.20 respectively. So far 99034 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 145.45 on 14-Oct-2021 and a 52 week low of Rs. 49.80 on 04-Nov-2020.

Last one week high and low of the scrip stood at Rs. 138.50 and Rs. 126.70 respectively. The current market cap of the company is Rs. 6269.65 crore.

The promoters holding in the company stood at 63.75%, while Institutions and Non-Institutions held 11.33% and 24.92% respectively.

Shipping Corporation of India has reported a rise of 73.90% in its net profit at Rs 228.04 crore for the quarter ended September 30, 2021 as compared to Rs 131.13 crore for the same quarter in the previous year. Total income of the company increased by 40.23% at Rs 1,229.65 crore for Q2FY22 as compared Rs 876.87 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 71.27% in its net profit at Rs 243.01 crore for the quarter ended September 30, 2021 as compared to Rs 141.89 crore for the same quarter in the previous year. Total income of the company increased by 40.23% at Rs 1,229.66 crore for Q2FY22 as compared Rs 876.87 crore for the corresponding quarter previous year.


Related Shipping Corporation Of India Ltd. Links:

Shipping Corpn. Share Price

133.30 0.95 (0.72%) Nov 02, 18:01
1 Year Price Chart
Peers
Company Name CMP
Shipping Corpn. 133.30
GE Shipping 342.10
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Shreyas Shipping 388.10
Seamec 1185.45
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Sensex vs Shipping Corpn.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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