Shipping Corporation of India Ltd Sees 16.76 Million Shares Traded Today
Shipping Corporation of India Ltd (SCI) has seen significant trading activity, with nearly 16.8 million shares exchanged and a market capitalization of Rs 11,827 crore. The stock reached a new 52-week high, demonstrating strong momentum and increased investor participation, particularly in delivery volumes.
Shipping Corporation of India Ltd (SCI) has emerged as one of the most active stocks today, with a total traded volume of 16,762,998 shares and a total traded value of approximately Rs 43.10 crore. The stock opened at Rs 248.00 and reached a day high of Rs 264.50, marking a new 52-week high of Rs 263.40. The stock's performance today has outpaced its sector by 2.83%, reflecting a 5.44% return on the day, while the broader Sensex has seen a decline of 0.24%.Over the past four days, SCI has demonstrated a consistent upward trend, gaining 16.56% during this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Notably, the delivery volume surged to 8.68 lakh shares on October 23, representing an increase of 1,080.77% compared to the 5-day average delivery volume, suggesting rising investor participation.
With a market capitalization of Rs 11,827 crore, SCI continues to show robust liquidity, accommodating trade sizes of up to Rs 4.49 crore based on 2% of the 5-day average traded value. Overall, the stock's performance today reflects significant activity and positive momentum within the transport services industry.
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