Why is Shipping Land falling/rising?

Jul 29 2025 11:11 PM IST
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As of 29-Jul, Shipping Corporation of India Land & Assets Ltd is facing a decline in its stock price, currently at 50.75, with a total decline of 3.63% over the last four days and a year-to-date return of -19.58%. The company is struggling with operating losses and weak fundamentals, leading to significant underperformance compared to the market.
As of 29-Jul, Shipping Corporation of India Land & Assets Ltd is experiencing a decline in its stock price, currently at 50.75, reflecting a decrease of 0.25 or 0.49%. The stock has underperformed its sector by 1.96% today and has been on a consecutive downward trend for the last four days, resulting in a total decline of 3.63% during this period. Over the past week, the stock has fallen by 3.52%, and in the last month, it has decreased by 6.09%. The company is facing significant challenges, including operating losses and weak long-term fundamentals, as indicated by a negative EBIT to Interest ratio of -23.26. Additionally, the latest quarterly results show a substantial drop in profit after tax, further contributing to the stock's poor performance.

In the broader market context, the stock's performance has been notably worse than the benchmark, with a year-to-date return of -19.58% compared to the Sensex's positive return of 4.09%. Over the past year, the stock has declined by 49.88%, significantly underperforming the market, which saw a minimal drop of only 0.02%. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the company's prospects, further exacerbating its decline. Despite a rise in investor participation indicated by increased delivery volume, the overall sentiment remains negative due to the company's financial struggles and poor growth outlook.
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