Shipping Corporation of India Outperforms Sector Amid Broader Market Decline

Shipping Corporation of India has shown significant activity today, gaining 7.44% as of May 22, 2025. This performance has allowed the stock to outperform its sector by 6.96%. Over the past two days, the stock has demonstrated a consecutive gain, rising 8.9% during this period. Today, it reached an intraday high of Rs 196.4, reflecting a 7.79% increase.
The stock has exhibited high volatility, with an intraday volatility of 5.46%, indicating fluctuations in trading activity. In terms of moving averages, the stock is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.

In the broader market context, the Sensex has experienced a decline, falling by 495.73 points to 80,827.32, a decrease of 0.94%. Despite this downturn, Shipping Corporation of India has shown resilience, with a 1-week performance of 13.16% compared to the Sensex's -2.06%. Over the past three years, the stock has appreciated by 106.64%, significantly outpacing the Sensex's 48.78% increase during the same period.