SCI Land's Stock Price Surges 7.77%, Outperforming Sector and Sensex

May 14 2024 11:35 AM IST
share
Share Via
On May 14, 2024, SCI Land's stock price rose by 7.77%, outperforming the sector by 3.76%. The stock opened with a gain of 2.01% and reached an intraday high of Rs 67.8, a 9.99% increase. Despite high volatility, SCI Land is trading above its moving averages, indicating a strong upward trend. The shipping sector as a whole has also seen a gain of 4.01%. However, MarketsMojo has given a 'Strong Sell' call for the stock, so investors should do their own research before investing.


Shipping Corporation of India Land & Assets Ltd (SCI Land) has seen a significant increase in its stock price on May 14, 2024. The stock has gained 7.77%, outperforming the sector by 3.76%. This positive movement can be attributed to the stock opening with a gain of 2.01% and touching an intraday high of Rs 67.8, which is a 9.99% increase. However, the stock has also been highly volatile today, with an intraday volatility of 5.67%.

SCI Land is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The shipping sector as a whole has also seen a gain of 4.01%, further supporting the positive performance of SCI Land.

In comparison to the overall market performance, SCI Land has outperformed the Sensex by a significant margin. Its 1-day performance is 8.60% compared to the Sensex's 0.28%, and its 1-month performance is 9.41% while the Sensex has seen a decline of -1.71%.

While the reasons for this sudden increase in stock price are not mentioned, investors should keep an eye on SCI Land as it continues to show strong performance in the shipping industry. However, it is important to note that MarketsMOJO has given a 'Strong Sell' call for the stock, so investors should do their own research and make informed decisions before investing.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Why is Shipping Land falling/rising?
Dec 09 2025 01:26 AM IST
share
Share Via
Is Shipping Land technically bullish or bearish?
Nov 24 2025 08:47 AM IST
share
Share Via
Why is Shipping Land falling/rising?
Nov 07 2025 12:16 AM IST
share
Share Via
Are Shipping Land latest results good or bad?
Nov 05 2025 07:16 PM IST
share
Share Via