Shipping Corporation of India Shows Strong Market Activity and Performance Metrics

Shipping Corporation of India Ltd (SCI) has emerged as one of the most active stocks today, with a total traded volume of 34,500,843 shares and a total traded value of approximately Rs 67.47 crores. The stock opened at Rs 181.8 and has shown significant movement, reaching a day high of Rs 200.6 before settling at a last traded price of Rs 197.0.
Notably, SCI has outperformed its sector by 1.95%, reflecting a strong performance in the transport services industry, which itself has gained 2.48%. Over the past three days, SCI has demonstrated a consecutive gain, rising 13.28% during this period. The stock's performance today includes a 1-day return of 4.02%, while the sector and the Sensex reported returns of 2.53% and 0.60%, respectively.

The stock's liquidity remains robust, with a delivery volume of 616,900 shares on May 22, marking an increase of 111.15% compared to the 5-day average delivery volume. Additionally, SCI's current price is above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Overall, Shipping Corporation of India Ltd continues to show strong activity and performance metrics in the market.