Shahi Shipping's Stock Price Reaches 52-Week High, Outperforms Sector and Sensex

Jun 07 2024 10:35 AM IST
share
Share Via
Shahi Shipping, a microcap company in the shipping industry, has seen a significant increase in its stock price, reaching a 52-week high of Rs. 13.03 on June 7th, 2024. The company has outperformed the sector by 1.31% and has shown a remarkable 67.05% increase in its stock price in the past 19 days. With its stock trading higher than its moving averages and a 1-year performance of 185.75%, Shahi Shipping is a company to watch out for in the shipping industry.

Shahi Shipping, a microcap company in the shipping industry, has recently seen a surge in its stock price. On June 7th, 2024, the company's stock price reached a 52-week high of Rs. 13.03. This has caught the attention of investors and market analysts, with MarketsMOJO giving a 'Hold' call for the stock.

The stock's performance today has outperformed the sector by 1.31%, indicating a positive trend for the company. Shahi Shipping has been on a winning streak for the past 19 days, with a remarkable 67.05% increase in its stock price during this period. This is a significant achievement for a microcap company in the shipping industry.

Moreover, Shahi Shipping's stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a strong upward momentum for the stock and reflects the company's positive performance in the market.

In comparison to the Sensex, Shahi Shipping has shown an impressive 1-year performance of 185.75%, while the Sensex has only grown by 19.79%. This further highlights the company's strong performance and potential for growth in the shipping industry.

Overall, Shahi Shipping's recent surge in stock price and consistent positive performance make it a company to watch out for in the microcap shipping industry. Investors and market analysts are advised to keep a close eye on the company's progress and future developments.
{{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