Shipping Corporation of India Ltd Gains 19.26%: 5 Key Factors Driving the Surge

9 February 2026: Sharp Gap-Up and Intraday Surge Signal Strong Rebound

SCI commenced the week with a striking gap-up opening at Rs.265.20, a 19.62% increase from the previous close, reflecting immediate and robust buying interest. The stock reached an intraday high of Rs.252.90, marking a 14.07% gain during the session, and closed with a 13.67% gain, significantly outperforming the Transport Services sector’s 3.7% rise and the Sensex’s modest 0.50% gain. This surge followed two days of prior declines, signalling a reversal in short-term trend and renewed momentum.

Trading volumes were exceptional, with over 1.46 crore shares exchanged, translating to a traded value of approximately ₹365.6 crores. Despite a decline in delivery volumes on 6 February, the spike in traded volume and value on 9 February indicated strong institutional interest and active market participation. The stock’s technical positioning remained bullish, trading above all key moving averages, reinforcing the positive momentum.

10 February 2026: High Value Trading Amid Mixed Price Action

On 10 February, SCI continued to see high trading volumes exceeding 1.09 crore shares and a turnover of around ₹287 crores. However, the stock’s price action was mixed, closing at Rs.264.40, down 3.40% from the previous day’s close. The weighted average price skewed towards the day’s low, indicating selling pressure or cautious profit-taking despite strong liquidity and institutional participation.

SCI underperformed its sector, which gained 1.24%, and the Sensex, which rose 0.32%. Nonetheless, the stock maintained its position above key moving averages, signalling sustained medium- to long-term bullishness. The extraordinary surge in delivery volumes on 9 February, up 1819.74% compared to the five-day average, suggested genuine accumulation by long-term investors, offsetting short-term volatility.

12 February 2026: New 52-Week High and Upgrade to Buy Rating

SCI reached a new 52-week high of Rs.280.35 on 12 February, marking a 4.98% intraday gain and extending a four-day winning streak that delivered a cumulative 26.03% return. This milestone was supported by strong financial metrics including record quarterly net sales of Rs.1,611.67 crore and a peak operating profit margin of 42.08%. The company’s ROCE stood at 5.9%, with a low Debt to EBITDA ratio of 1.37 times, reflecting solid operational efficiency and financial health.

The stock’s market capitalisation rose to approximately Rs.12,439 crore, making SCI the second largest company in the Transport Services sector with a 29.12% market share. Despite its size, domestic mutual funds held a modest 1.26% stake, indicating potential for increased institutional participation. On this day, SCI outperformed its sector by 1.11% while the Sensex declined 0.45%, underscoring the stock’s relative strength amid a mixed market.

Notably, MarketsMOJO upgraded SCI’s Mojo Grade from Hold to Buy on 10 February, raising its Mojo Score to 74.0. This upgrade reflected improved fundamentals and positive outlook, likely contributing to the sustained buying interest and volume surge observed on 12 February.

13 February 2026: Price Correction Amid Broader Market Weakness

The week concluded with SCI retreating 3.40% to close at Rs.264.40 on 13 February, amid a broader market sell-off where the Sensex fell 1.40%. Despite this correction, the stock maintained a strong weekly gain of 19.26%, reflecting resilience and underlying strength. The price pullback may be attributed to short-term profit-booking following the recent rally and the approach to the 52-week high.

Trading volumes moderated to 8.19 lakh shares, indicating a reduction in speculative activity. The stock’s technical indicators remained positive, trading above all key moving averages, suggesting that the correction could be a healthy consolidation within an ongoing uptrend.

Daily Price Performance: Shipping Corporation of India Ltd vs Sensex

Key Takeaways

Strong Weekly Outperformance: SCI’s 19.26% weekly gain dwarfed the Sensex’s 0.54% decline, highlighting the stock’s robust relative strength amid a mixed market.

Volume and Institutional Interest: Exceptional trading volumes and a surge in delivery volumes on 9 February signalled genuine accumulation by long-term investors, supported by strong liquidity and market participation.

Technical Strength: The stock consistently traded above all key moving averages throughout the week, underpinning a sustained bullish trend despite short-term volatility and a late-week correction.

Fundamental Support: Record quarterly sales and profitability metrics, combined with a low debt ratio and attractive dividend yield of around 3.5%, provided a solid foundation for the price rally.

Rating Upgrades: The upgrade from Hold to Buy by MarketsMOJO on 10 February, with a Mojo Score rising to 74.0, reinforced positive market sentiment and likely contributed to the sustained buying interest.

Conclusion

Shipping Corporation of India Ltd’s performance in the week ending 13 February 2026 was characterised by a powerful price rally, strong volume support, and improving fundamentals. The stock’s ability to outpace the broader market and its sector peers amid a volatile environment reflects renewed investor confidence and technical resilience. While the late-week price correction suggests some profit-taking, the overall trend remains constructive, supported by solid financial results and a recent upgrade in investment rating. Investors should continue to monitor volume trends and technical indicators for confirmation of sustained momentum as SCI navigates near its 52-week highs.

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