Shipping Corporation of India Shows Strong Trading Activity Amid Market Trends

Shipping Corporation of India Ltd (SCI) has emerged as one of the most active stocks today, with a total traded volume of 23,185,388 shares and a total traded value of approximately Rs 45.31 crore. The stock opened at Rs 181.8 and reached an intraday high of Rs 200.6, reflecting a notable increase of 10.34% during the trading session. Currently, the last traded price stands at Rs 196.43, marking a 7.04% gain for the day.
In terms of performance, SCI has outperformed its sector by 4.63%, with the shipping industry itself gaining 2.65%. The stock has shown a positive trend over the last two days, accumulating an 8.5% return in this period. However, it is important to note that the delivery volume has seen a significant decline of 72.16% compared to the five-day average, with only 9.3 lakh shares delivered on May 21.

Despite trading within a wide range of Rs 19.6 today, SCI's liquidity remains adequate for trades around Rs 0.6 crore, as it is based on 2% of the five-day average traded value. Overall, Shipping Corporation of India Ltd continues to demonstrate robust activity in the transport services sector.