Shipping Corporation of India Faces Continued Stock Decline Amid Market Challenges

Feb 11 2025 10:20 AM IST
share
Share Via
Shipping Corporation of India has seen a notable decline in its stock price, reaching a new 52-week low. Over the past three days, the stock has dropped significantly, underperforming its sector and trading below key moving averages, reflecting ongoing challenges in the market.
Shipping Corporation of India has experienced significant downward movement in its stock price, losing 5.12% on February 11, 2025. The stock reached a new 52-week low of Rs. 170 during the trading session, marking a notable decline. Over the past three days, the stock has consistently fallen, resulting in a cumulative drop of 12.72%.

In terms of performance metrics, Shipping Corporation of India underperformed its sector, which saw a decline of 2.07%, and the stock's one-day performance of -4.76% starkly contrasts with the Sensex's modest decline of 0.47%. Additionally, the stock has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

Over the past month, the stock has declined by 14.45%, while the Sensex has only seen a slight decrease of 0.55%. These figures highlight the challenges faced by Shipping Corporation of India in the current market environment.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News