Shipping Corporation of India Hits Day High with 7.39% Surge

Shipping Corporation of India has experienced a significant surge in its stock performance, gaining 7.39% on October 24, 2025. The stock reached an intraday high of Rs 269.45, marking a notable increase of 7.69% for the day. This achievement also represents a new 52-week high for the company, reflecting its strong market position within the transport services industry. Over the past four days, Shipping Corporation of India has shown consistent upward momentum, accumulating a total return of 19.35%. The stock has outperformed its sector by 4.87%, indicating robust performance relative to industry peers. Additionally, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its price action. In contrast, the broader market, represented by the Sensex, has faced challenges, trading down by 0.22% after an initial positive opening. Despite this, Shipping Corporation of India has demonstrated resilience and strength, with impressive performance metrics over various time frames, including a year-to-date increase of 28.40%.