# SCI (SCI) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/sci

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹276.85
- Change: +2.54%
- As of: 2026-09-18
- 1D return: +2.61%
- 5D return: -2.86%
- 1M return: -4.84%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 17, 2026, the stock is trading at ₹270.0, indicating a mixed technical stance across different timeframes. Daily indicators suggest a bearish trend, with the price below key moving averages like the 20-day EMA (₹284.32) and 50-day EMA (₹288.63), and the Supertrend indicator also signaling bearish conditions. This is further supported by recent unusual price movements, including a moderate downward move of 4% on September 15, 2026, and a downward gap of 2% on September 11, 2026. In contrast, the weekly and monthly timeframes present a more bullish picture. The weekly trend shows the price above the 50-day EMA (₹268.07) and a bullish Supertrend signal, while the monthly trend indicates the price above its 20-day EMA (₹249.76) and a bullish Supertrend. This divergence suggests short-term weakness within a potentially broader uptrend.

The nearest resistance level is observed at ₹272.4, approximately 0.89% above the current price. Key support is identified at ₹267.9, about 0.78% below the current price. The stock is currently positioned at the lower end of its recent trading range, with its position in the 20-day range at 18% and in the 252-day range at 43%. Volatility is a consideration, with annualized volatility at 46% and an Average True Range (ATR) of 3.29% of the current price. The current drawdown stands at -22%, with a maximum drawdown experienced at -33%. A notable pattern observed on the daily timeframe is an active Inside Bar formation as of September 17, 2026, which can sometimes precede a directional move.

- Current price on September 17, 2026: ₹270.0
- Nearest resistance level: ₹272.4 (0.89% above current price)
- Nearest support level: ₹267.9 (0.78% below current price)
- Daily trend: Bearish, with price below key EMAs and Supertrend.
- Weekly and Monthly trends: Bullish, with price above key EMAs and Supertrend.
- Active daily pattern: Inside Bar formation as of September 17, 2026.
- Current drawdown: -22%

- Inside Bar
- Evening Star
- Harami

### News Context

On September 16, 2026, the Federation of Indian Export Organisations (FIEO) chief, Ajay Sahai, suggested that Shipping Corporation of India (SCI) could be developed into a global shipping line. Sahai indicated that such a development could enable SCI to handle 25-30% of India’s trade and reduce the nation's reliance on foreign carriers for freight services.

- On 2026-09-16, FIEO chief Ajay Sahai stated that Shipping Corporation of India could be built into a global carrier capable of handling 25-30% of India’s trade, potentially reducing dependence on foreign shipping lines.

- India needs its own global shipping line to cut reliance on foreign carriers, says FIEO chief

### What Changed

The Shipping Corporation of India (SCI) on the NSE experienced a slight price increase to ₹270.0 on September 17, 2026, up from ₹266.9 on the previous day. This marks a modest upward movement in its trading price. No new filings or news developments were reported as of September 18, 2026, indicating that the company's recent operational and corporate landscape remains unchanged based on the provided evidence.

- On September 17, 2026, SCI's price was ₹270.0.
- On September 16, 2026, SCI's price was ₹266.9.
- No new filings were reported for SCI as of September 18, 2026.
- No new news developments were reported for SCI as of September 18, 2026.

### Official Filings

The Shipping Corporation of India Limited (SCI) has appointed new joint statutory auditors, M/s. Mukund Chitale & Co and M/s. S G C O & Co LLP, for the Financial Year 2026-27. This appointment, effective September 8, 2026, was made by the Comptroller and Auditor General of India (CAG) and reported to the exchanges on September 10, 2026. This change in auditors is a routine governance event.

In recent governance updates, SCI faced fines from NSE and BSE totaling ₹5,31,000 each (including 18% GST) for non-compliance with SEBI Listing Regulations regarding board composition for the quarter ended March 31, 2026. The company noted that director appointments for this Public Sector Undertaking are solely within the purview of the Ministry of Ports, Shipping and Waterways. SCI had requested waivers from the exchanges on May 29, 2026, and has been requesting the Ministry to appoint the necessary directors, including a Woman Independent Director. Separately, on August 19, 2026, Smt. Bharati Raman Gotarna was appointed as an Independent Director, leading to committee reconstitutions and partial compliance with the woman director requirement. The company continues to coordinate with the Competent Authority for further director appointments to achieve full compliance with Regulation 17.

Financially, SCI reported its highest-ever consolidated Profit Before Tax (PBT) of ₹1,423 Crores for FY 2025-26. Consolidated Profit After Tax (PAT) stood at ₹1,352.92 Crores, an increase from ₹844 Crores in FY 2024-25. Revenue from operations for FY 2025-26 was ₹5,778.13 Crores, up from ₹5,592.33 Crores in the prior fiscal year. The Board has recommended a final dividend of ₹1 per share (10%) for FY 2025-26, subject to shareholder approval at the upcoming 76th Annual General Meeting (AGM) scheduled for September 23, 2026. The agenda for the AGM also includes adopting the FY2025-26 audited financials, confirming interim dividends totaling ₹6.50 per share, and appointing/re-appointing several directors.

- New joint statutory auditors, M/s. Mukund Chitale & Co and M/s. S G C O & Co LLP, appointed for FY 2026-27, effective September 8, 2026.
- SCI incurred fines of ₹5,31,000 each from NSE and BSE for non-compliance with board composition regulations for the quarter ended March 31, 2026.
- Smt. Bharati Raman Gotarna appointed as Independent Director effective August 19, 2026.
- Highest-ever consolidated Profit Before Tax of ₹1,423 Crores reported for FY 2025-26.
- Board recommended a final dividend of ₹1 per share for FY 2025-26, to be approved at the 76th AGM on September 23, 2026.

- SHIPPING CORPORATION OF INDIA LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
- Shipping Corporation Of India Limited has informed the Exchange regarding Change in Auditors of the company. |SUBJECT: Change in Auditors
- Shipping Corporation Of India Limited has informed the Exchange regarding Change in Auditors of the company. |SUBJECT: Change in Auditors
- Shipping Corporation Of India Limited has informed the Exchange regarding 'Board Comments on Fine levied by the Exchange'. |SUBJECT: Updates
- Shipping Corporation Of India Limited has informed the Exchange about Copy of Newspaper Publication under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation,2015 |SUBJECT: Copy of Newspaper Publication
- Shipping Corporation Of India Limited has informed the Exchange about letter sent to shareholders providing the web link including the exact path for the 76th Annual Report for Financial Year 2025-26. |SUBJECT: General Updates
- Shipping Corporation Of India Limited has informed the Exchange about Disclosure under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. |SUBJECT: General Updates
- Shipping Corporation Of India Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 23, 2026. |SUBJECT: Shareholders meeting
- The Shipping Corporation of India Limited has informed the Exchange about Notice of Shareholders Meeting for Annual General Meeting to be held on 23-Sep-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL
- Shipping Corporation Of India Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication

### Fundamentals

Shipping Corporation of India (SCI) reported its financial results for the period ending Q1 FY2026-27, showing an increase in revenue from operations to ₹1,846.56 crore. This rise in revenue was accompanied by a notable increase in profit, with Profit Before Tax reaching ₹673.35 crore and Profit Loss For Period at ₹619.34 crore for Q1 FY2026-27. Expenses were reported at ₹1,283.49 crore in the same quarter. The company's finance costs have shown a declining trend, decreasing from ₹48.39 crore in Q3 FY2025-26 to ₹37.39 crore in Q1 FY2026-27. The Paid Up Value Of Equity Share Capital remained stable at ₹465.80 crore across the reported periods.

- Revenue From Operations for Q1 FY2026-27 was ₹1,846.56 crore.
- Profit Loss For Period in Q1 FY2026-27 was ₹619.34 crore.
- Expenses for Q1 FY2026-27 were ₹1,283.49 crore.
- Finance Costs decreased to ₹37.39 crore in Q1 FY2026-27 from ₹48.39 crore in Q3 FY2025-26.
- Paid Up Value Of Equity Share Capital remained constant at ₹465.80 crore from Q3 FY2025-26 to Q1 FY2026-27.

### Bull Case

The company's stock has shown a positive return of 0.23 over the past year and 0.18 year-to-date as of September 17, 2026. On a monthly basis, the technical trend indicates a bullish signal, with the Supertrend indicator at 169.47 and the 20-day Exponential Moving Average (EMA) at 249.76, suggesting upward momentum over a longer timeframe. Additionally, a recent statement from the FIEO chief suggests a potential strategic role for Shipping Corporation of India in handling a significant portion of India's trade, which could reduce reliance on foreign carriers.

- The stock has delivered a return of 0.23 over the last year and 0.18 year-to-date, as of September 17, 2026.
- The monthly technical trend shows a bullish Supertrend indicator at 169.47.
- A statement from the FIEO chief highlighted the potential for Shipping Corporation of India to handle 25-30% of India's trade, reducing dependence on foreign carriers.

- India needs its own global shipping line to cut reliance on foreign carriers, says FIEO chief

### Bear Case

The company's recent technical indicators suggest a cautious outlook. On a daily basis, the closing price of ₹270.0 is below the 20-day Exponential Moving Average (EMA) of ₹284.32 and the 50-day EMA of ₹288.63. The Super Trend indicator is also showing a bearish direction. While the monthly trend shows a bullish Super Trend, the daily trend's negative slopes on EMAs and SMAs indicate potential short-term headwinds. The stock has experienced a current drawdown of -22% and a maximum drawdown of -33%, highlighting historical volatility. Recent returns also show a decline over the 1-month (-6%) and 3-month (-13%) periods, although the 1-year return remains positive at 23%.

- Daily technical indicators, including EMAs and Super Trend, suggest a bearish short-term trend as of 2026-09-17.
- The stock's closing price of ₹270.0 on 2026-09-17 is below its 20-day EMA (₹284.32) and 50-day EMA (₹288.63).
- The company has experienced a current drawdown of -22% and a maximum drawdown of -33%.
- Recent performance shows a -6% return over the last month and a -13% return over the last three months as of 2026-09-17.

- India needs its own global shipping line to cut reliance on foreign carriers, says FIEO chief

### FAQs

**What is the recent technical trend for Shipping Corporation of India (SCI) on the NSE?**

As of September 17, 2026, the daily trend for SCI indicates a bearish SuperTrend direction with the closing price at ₹270.0, below the 20-day Exponential Moving Average (EMA) of ₹284.32 and the 50-day EMA of ₹288.63. The Average Directional Index (ADX) is 19.17, suggesting a lack of strong trend momentum. However, the weekly trend shows a bullish SuperTrend direction, with the closing price at ₹270.0 above the 50-day Simple Moving Average (SMA) of ₹265.13, and the 50-day SMA slope is positive at 6.77. The monthly trend is also bullish, with the closing price at ₹270.0 above the 20-day EMA of ₹249.76 and a bullish SuperTrend direction.

**What recent corporate announcements have been made by Shipping Corporation of India (SCI)?**

On September 8, 2026, SCI informed the exchange that the Comptroller and Auditor General of India (C&AG) appointed M/s. Mukund Chitale & Co and M/s. S G C O & Co LLP as Joint Statutory Auditors for the Financial Year 2026-27. This appointment is for a one-year term. Additionally, on August 31, 2026, SCI disclosed that the NSE and BSE each imposed a fine of ₹5,31,000 (inclusive of 18% GST) for non-compliance with SEBI LODR regulations regarding Board composition for the quarter ended March 31, 2026. SCI attributed this to the Ministry of Ports, Shipping and Waterways' role in appointing directors and stated that waiver requests were sent on May 29, 2026.

**What are the key support and resistance levels for Shipping Corporation of India (SCI) based on recent technical data?**

As of September 17, 2026, the nearest support level for SCI is at ₹267.9, which is approximately 0.78% below the current price. Further support levels are identified at ₹261.8 (3.04% below) and ₹256.7 (4.93% below). On the resistance side, the nearest level is at ₹272.4, about 0.89% above the current price. Additional resistance levels are noted at ₹273.0 (1.11% above) and ₹276.11 (2.26% above).

**What is the recent performance of Shipping Corporation of India (SCI) over different periods?**

As of September 17, 2026, SCI has shown positive returns over certain periods. The year-to-date (YTD) return is 0.18, and the one-year return is 0.23. The return since the start of trading is 0.28. However, the company has experienced negative returns over shorter periods, including a 0.06 return over the last month, a 0.13 return over the last three months, and a 0.06 return over the last ten days.

- India needs its own global shipping line to cut reliance on foreign carriers, says FIEO chief
- SHIPPING CORPORATION OF INDIA LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
- Shipping Corporation Of India Limited has informed the Exchange regarding Change in Auditors of the company. |SUBJECT: Change in Auditors
- Shipping Corporation Of India Limited has informed the Exchange regarding Change in Auditors of the company. |SUBJECT: Change in Auditors
- Shipping Corporation Of India Limited has informed the Exchange regarding 'Board Comments on Fine levied by the Exchange'. |SUBJECT: Updates
- Shipping Corporation Of India Limited has informed the Exchange about Copy of Newspaper Publication under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation,2015 |SUBJECT: Copy of Newspaper Publication
## Technical analytics

- As of: 2026-09-18
- Daily trend: Moderate Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹269.8
- Risk regime: Price Risk Requires Attention

### Support levels
- 253.93
- 215.735
- 204.365

### Resistance levels
- 299.175
- 303.7
- 320.821875

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +2.61% |
| return_10 | -6.07% |
| return_1m | -6.32% |
| return_1y | +26.70% |
| return_20 | -4.84% |
| return_3m | -10.41% |
| return_5 | -2.86% |
| return_6m | +15.32% |
| return_since_start | +30.99% |
| return_ytd | +20.74% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -33.01% |
| annualized_volatility | +46.46% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Profit Before Tax Nearly Doubles Year-on-Year as Revenue Growth Outpaces Expenses

The first quarter of FY2026-27 saw a notable increase in revenue and profitability. Revenue from operations rose 40% year-on-year to ₹1,846.56 crore, while expenses increased at a slower 16% to ₹1,283.49 crore. This divergence drove profit before tax up 90% to ₹673.35 crore and net profit up 75% to ₹619.34 crore. Earnings per share increased to ₹13.30 from ₹7.60 a year ago. The quarter also showed a sequential improvement from the preceding quarter, with revenue up 22% and profit before tax up 59%.

## Revenue and Expense Dynamics

Revenue from operations for Q1 FY2026-27 was ₹1,846.56 crore, compared to ₹1,316.04 crore in Q1 FY2025-26 (up 40.31%) and ₹1,513.21 crore in Q4 FY2025-26 (up 22.03%). Total expenses were ₹1,283.49 crore, up 15.92% year-on-year from ₹1,107.22 crore and up 3.88% sequentially from ₹1,235.51 crore.

Revenue growth significantly outpaced expense growth in both comparisons. Year-on-year, revenue grew by ₹530.52 crore while expenses grew by ₹176.27 crore, widening the difference between revenue and total expenses by ₹354.25 crore. Sequentially, revenue increased by ₹333.35 crore against a ₹47.98 crore increase in expenses, further widening the gap.

## Profitability and Earnings

Profit before tax (PBT) reached ₹673.35 crore, up 89.59% year-on-year from ₹355.17 crore and up 58.72% sequentially from ₹424.24 crore. Net profit was ₹619.34 crore, up 74.87% year-on-year from ₹354.17 crore and up 53.07% sequentially from ₹404.60 crore.

Other income contributed ₹110.28 crore to the quarter’s results. The effective tax rate (tax expense as a percentage of PBT) was approximately 8.0% (₹54.01 crore / ₹673.35 crore), compared to about 0.3% in Q1 FY2025-26 (₹1.00 crore / ₹355.17 crore). The higher tax charge this quarter reduced the proportion of PBT flowing to net profit.

Finance costs were ₹37.39 crore, down 20.65% sequentially from ₹47.12 crore but up 22.51% year-on-year from ₹30.52 crore. The sequential decline in finance costs contributed to the profit increase.

Basic and diluted earnings per share both stood at ₹13.30, up 75% from ₹7.60 in Q1 FY2025-26 and up 53% from ₹8.69 in Q4 FY2025-26, reflecting the higher net profit.

## Segment Revenue

Total segment revenue from operations was ₹1,956.84 crore, up 45.14% year-on-year from ₹1,348.27 crore and up 27.67% sequentially from ₹1,532.79 crore. This figure is ₹110.28 crore higher than the reported revenue from operations, a difference that likely reflects inter-segment eliminations.

## Management Commentary

For the quarter ended June 30, 2026, The Shipping Corporation of India reported a robust standalone net profit of ₹66,429 lakhs, nearly doubling from ₹34,323 lakhs a year ago, driven primarily by the tanker segment which posted revenue of ₹1,29,546 lakhs and segment profit of ₹52,523 lakhs. The bulk carrier segment also turned profitable at ₹4,318 lakhs, while the liner segment profit grew to ₹8,260 lakhs. Consolidated profit after tax stood at ₹61,934 lakhs, reflecting the strong performance.

On the strategic front, management confirmed that the Government's disinvestment process, handled by DIPAM through a Transaction Advisor, is ongoing with the Virtual Data Room open for due diligence by qualified parties. The company also noted that reconciliation of trade balances and tax assets is in progress and is not expected to have a material impact on financial results. However, geopolitical developments in the Middle East have impacted the operations of three LNG joint ventures (ILT 1, 2, 3), although the company believes these ventures continue as going concerns. Management continues to provide for performance-related pay only in the last quarter, given the volatility of the shipping business.

## Key Takeaway

The first quarter of FY2026-27 saw a significant increase in revenue and profitability, with profit before tax nearly doubling year-on-year. Revenue growth outpaced expense growth, and both revenue and profit improved sequentially from the preceding quarter. Earnings per share rose to ₹13.30, supported by the higher net profit.

### Ratios

## Official filings

- 2026-09-10 — Generic Announcement: Shipping Corporation Of India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_213_WebXMLFile_20260910_104150457.xml)
- 2026-09-09 — Generic Announcement: Shipping Corporation Of India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCI1_09092026193832_Finalsd.pdf)
- 2026-09-08 — Generic Announcement: Shipping Corporation Of India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCI1_08092026183651_Intimationsd.pdf)
- 2026-08-31 — Generic Announcement: Shipping Corporation Of India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCI1_31082026115556_Q4NSEIntimationsd.pdf)
- 2026-08-27 — Generic Announcement: Shipping Corporation Of India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCI1_27082026151810_ForUploadsd.pdf)
- 2026-08-27 — Generic Announcement: Shipping Corporation Of India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCI1_27082026155643_SEIntimationsd.pdf)
- 2026-08-26 — Generic Announcement: Shipping Corporation Of India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCI1_26082026114817_Q1FineIntimationsd.pdf)
- 2026-08-26 — Generic Announcement: Shipping Corporation Of India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCI1_26082026204956_Reg34Finalsd.pdf)
- 2026-08-26 — Generic Announcement: Shipping Corporation Of India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_213_WebXMLFile_20260826_213406223.xml)
- 2026-08-25 — Generic Announcement: Shipping Corporation Of India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCI1_25082026145614_Forupload.pdf)
- 2026-08-25 — Annual Report: Shipping Corporation Of India Limited — [Official attachment](https://nsearchives.nseindia.com/annual_reports/AR_30687_SCI_2025_2026_A_18274646_26082026205759.pdf)
- 2026-08-20 — Generic Announcement: Shipping Corporation Of India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_213_WebXMLFile_20260820_104952354.xml)
- 2026-08-20 — Management Change: Shipping Corporation Of India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCI1_20082026125945_StExIntimationsd.pdf)
- 2026-08-20 — Generic Announcement: Shipping Corporation Of India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_213_WebXMLFile_20260820_163604498.xml)
- 2026-08-19 — Generic Announcement: Shipping Corporation Of India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCI1_19082026105340_seintsd.pdf)
- 2026-08-14 — Generic Announcement: Shipping Corporation Of India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCI1_14082026202006_intimationsd.pdf)
- 2026-08-13 — Generic Announcement: Shipping Corporation Of India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SCI_13082026183053_Reg_30-_Intimation_to_SE_of_76th_AGM_date-sd.pdf)
- 2026-08-08 — Official Filing: The Shipping Corporation of India Limited extended the time charter period for the 9034 TEU container ship (m.v. SCI Delhi) for an additional seven years. This event occurred on August 8, 2026, at 16:34 IST.
- 2026-08-06 — Generic Announcement: The Shipping Corporation of India Limited's Board of Directors approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, on August 6, 2026. The company reported a profit after tax of ₹66,429 lakhs for the standalone results and ₹61,934 lakhs for the consolidated results for the quarter. The limited review reports from the statutory auditors were unmodified, with noted ongoing processes for balance confirmations, agent/vendor/customer reconciliations, and tax asset reconciliations, none of which are expected to materially impact financial results. The strategic disinvestment process is also ongoing. — [Official attachment](https://nsearchives.nseindia.com/corporate/SCI_06082026191038_Finalsd.pdf)
- 2026-07-30 — Official Filing: The Shipping Corporation of India Limited will hold a board meeting on August 6, 2026, to consider unaudited standalone and consolidated financial results for the quarter ended June 2026. The trading window for the company's securities will be closed from July 1, 2026, to August 8, 2026.
- 2026-07-24 — Generic Announcement: The Shipping Corporation of India Limited (SCI) has been informed that the Appointments Committee of Cabinet approved the regularization of the additional charge of Director (Bulk Carriers & Tankers) held by Rear Admiral Jaswinder Singh from October 1, 2025, to May 4, 2026. This approval was conveyed via a letter dated July 22, 2026, from the Ministry of Ports, Shipping And Waterways. — [Official attachment](https://nsearchives.nseindia.com/corporate/SCI1_24072026194155_Finalsd.pdf)
- 2026-07-24 — Official Filing: Jaswinder Singh, Executive Director at Shipping Corporation of India Limited, was assigned additional charge of office along with his current designation on July 24, 2026. The effective date for this change was October 1, 2025.
- 2026-07-23 — Official Filing: Shipping Corporation of India Limited reports the cessation of Mr. Panduranga Vittal Pamidimokkala as Chief Manager (Law) Head-Legal, effective July 23, 2026. This change is due to his deputation to the post of Executive Director in NFRA on a short-term contract basis.
- 2026-07-23 — Generic Announcement: The Shipping Corporation of India Limited announced the cessation of Mr. Panduranga Vittal Pamidimokkala as Chief Manager (Law) and Head-Legal, effective July 23, 2026. This change is due to his deputation to the post of Executive Director in NFRA on a short-term contract basis. — [Official attachment](https://nsearchives.nseindia.com/corporate/SCI1_23072026103531_Intimationsd.pdf)
- 2026-07-09 — Generic Announcement: The Shipping Corporation of India Limited submitted a certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended June 30, 2026. This certificate, received from Registrar and Share Transfer Agent Alankit Assignments Limited on July 7, 2026, confirms that physical share certificates received for dematerialization were processed, listed on stock exchanges, and cancelled, with the depository substituted as the registered owner. — [Official attachment](https://nsearchives.nseindia.com/corporate/SCI1_09072026123343_Finalsd.pdf)

## News and market events

- 2026-09-16 — CNBC-TV18: **India needs its own global shipping line to cut reliance on foreign carriers, says FIEO chief** — FIEO chief Ajay Sahai says Shipping Corporation of India could be built into a global carrier handling 25-30% of India’s trade and help reduce freight dependence. — [Source](https://www.cnbctv18.com/business/india-needs-its-own-global-shipping-line-to-cut-reliance-on-foreign-carriers-says-fieo-chief-19992102.htm)
- 2026-08-31 — Mint: **From PB Fintech to Axis Bank- SAMCO Securities' expert recommends 5 stocks to buy now for long term** — Stocks to buy for the long term: The Indian stock market is range-bound amid geopolitical concerns, but experts suggest it's a good time to invest for the long term. Recommended stocks include PB Fintech and Axis Bank, which show strong technical momentum. — [Source](https://www.livemint.com/market/stock-market-news/from-pb-fintech-to-axis-bank-samco-securities-expert-recommends-5-stocks-to-buy-now-for-long-term-11788169721278.html)
- 2026-08-07 — BUSINESSTODAY: **Top stocks in news: LIC, Britannia, TVS Motor, Premier, Dabur, Apollo Tyres, Alkem Labs** — Stocks in news, Stocks in buzz, Stocks to buy, Stocks to watch, LIC of India, Britannia Industries, TVS Motor Company, Premier Energies, Dabur India, Apollo Tyres, Siemens Energy India, Alkem Laboratories, J Kumar Infraprojects, Life Insurance Corporation of India, Kirloskar Oil Engines, Shipping Corporation of India, Vijaya Diagnostic Centre, Aegis Logistics, Aegis Vopak Terminals — [Source](https://www.businesstoday.in/markets/stocks/story/top-stocks-in-news-lic-britannia-tvs-motor-premier-dabur-apollo-tyres-alkem-labs-547804-2026-08-07)
- 2026-08-07 — Mint: **Stocks to watch: SBI, Ola Electric, LIC among shares in focus today; check list here** — Stock market today: Gift Nifty was trading near the 24,657 mark, down over 82 points from the previous close of Nifty futures. — [Source](https://www.livemint.com/market/stock-market-news/stocks-to-watch-sbi-ola-electric-lic-among-shares-in-focus-today-check-list-here-11786066835314.html)
- 2026-08-07 — MONEYCONTROL: **Stocks to Watch Today: Alkem Labs, J Kumar Infra, Dabur, Britannia, Siemens Energy, Shipping Corporation, Vijaya Diagnostic Centre in focus on 7 August** — Stocks to watch, stocks in focus today, stocks in focus, share market today, top stocks, shares in focus today, shares today, today stocks to watch, trending stocks, trending stocks today, markets today, buzzing stocks, stocks today, stock market today,Britannia Industries,Siemens Energy India,Life Insurance Corporation of India,Shipping Corporation of India,Vijaya Diagnostic Centre,Apollo Tyres,Premier Energies,Alkem Laboratories,J Kumar Infraprojects,Aegis Logistics,Aegis Vopak Terminals,Dabur India,Neuland Laboratories,Orient Electric,Shadowfax Technologies,KPIT Technologies,CreditAccess Grameen,Indegene,Bandhan Bank — [Source](https://www.moneycontrol.com/news/business/markets/stocks-to-watch-today-alkem-labs-j-kumar-infra-dabur-britannia-siemens-energy-shipping-corporation-vijaya-diagnostic-centre-in-focus-on-7-august-13997019.html)
- 2026-08-07 — The Hindu: **Sensex today | Stock Market Live: Stock to buy today: Jubilant FoodWorks (₹473.75)** — Sensex, Nifty, Share Prices Live: The stock of Jubilant FoodWorks has been rallying over the past two weeks. On Monday, it broke out of a resistance at ₹456, hit a four-month high of ₹495.10 on Wednesday and has now moderated to ₹473.75. Therefore, traders can go long now at ₹473 and buy more shares if the price drops to ₹460. Place initial stop-loss at ₹430. When the stock hits ₹550, revise the stop-loss to ₹525. On a rally to ₹575, raise the stop-loss to ₹550. Book profits at ₹600. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-7th-august-2026/article71314561.ece)
- 2026-08-06 — CNBC-TV18: **Stocks to Watch for August 7: LIC, Crompton Greaves, Apollo Tyres and more** — NCC, LIC, Hindustan Construction Company (HCC), Crompton Greaves, Signature Global and Lloyds Engineering Works will remain in focus on Friday after announcing their June quarter results post market hours. Investors will also keep a close watch on companies scheduled to announce their June quarter results tomorrow, including Ola Electric, Oil India and Power Finance Corporation. — [Source](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-august-7-life-insurance-corp-ncc-apollo-tyres-and-more-19963428.htm)
- 2026-08-06 — CNBC-TV18: **Q1 Results LIVE Updates: Britannia profit rises 14%; EBITDA, margin miss CNBC-TV18 estimates** — Q1 Results LIVE Updates; Trent, Britannia, Lupin, Samvardhana Motherson, Apollo Tyres, Blue Star, Premier Energies, HCC, NCC, PG Electroplast, Emcure Pharma, Firstsource Solutions are some of the many companies that will be reporting their results during the course of Thursday's trading session on Dalal Street. Result reactions today come from PB Fintech, Aurobindo Pharma, Cummins India, GE Vernova T&D, ION Exchange and many others. Watch this space for all the LIVE Q1 result updates, management and brokerage commentary along with stock moves. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-cummins-ge-vernova-td-pb-fintech-trent-britannia-hero-lupin-samil-pgel-apollo-tyres-sci-ncc-hcc-premier-energies-share-price-liveblog-19962840.htm)
- 2026-08-03 — MONEYCONTROL: **Trade Spotlight: How should you trade Hero MotoCorp, Anant Raj, Anthem Biosciences, KEI Industries, Escorts, BLS E-Services, and others on August 3?** — Trade Spotlight, Buy Ideas,Top Buy Ideas,Top Picks,Stock Picks,Top Stock Picks,Share Tips,Share Market Tips,Stock Tips,Stock Market Tips,BLS E-Services,Hero MotoCorp,Jio Financial Services,Anant Raj,Anthem Biosciences,Blue Jet Healthcare,Shipping Corporation of India,KEI Industries,Escorts Kubota — [Source](https://www.moneycontrol.com/news/business/markets/trade-spotlight-how-should-you-trade-hero-motocorp-anant-raj-anthem-biosciences-kei-industries-escorts-bls-e-services-and-others-on-august-3-13991407.html)
- 2026-07-30 — Economic Times: **FinMin launches Protection & Indemnity Insurance product under Bharat Maritime Insurance Pool** — India's Department of Financial Services launched a new sovereign-backed P&I insurance product. This product is designed by New India Assurance Company under the Bharat Maritime Insurance Pool. The insurance offers financial protection against third-party liabilities up to USD 1.5 billion. The Bharat Maritime Insurance Pool has already provided uninterrupted war risk insurance capacity. This initiative strengthens India's maritime risk management and domestic insurance capabilities. — [Source](https://economictimes.indiatimes.com/industry/banking/finance/insure/finmin-launches-protection-indemnity-insurance-product-under-bharat-maritime-insurance-pool/articleshow/132745532.cms)
- 2026-07-30 — NEWS.WEBINDIA123.COM: **DFS launches sovereign-backed maritime protection & indemnity cover under BMIP** — The Department of Financial Services (DFS), Ministry of Finance, has launched India's first sovereign-backed Protection & Indemnity (P&I) insurance product under the Bharat Maritime Insurance Pool (BMIP). — [Source](https://news.webindia123.com/news/articles/business/20260730/4481198.html)

## Business profile

**Strategic vision:** Operates India's largest shipping fleet for national and international commerce.

### Business segments
- **Bulk Carriers:** Operates a fleet of bulk carriers for the transport of goods.
- **Crude Oil Tankers:** Manages crude oil tankers to ensure the continuous supply of crude oil for the country's economy.
- **Product Tankers:** Operates product tankers for the transportation of refined petroleum products.
- **Container Vessels:** Provides international container services with a fleet of container vessels.
- **Passenger-cum-Cargo Vessels:** Operates passenger-cum-cargo vessels for mixed transport needs.
- **LPG Carriers:** Manages LPG carriers for the transport of liquefied petroleum gas.
- **Offshore Supply Vessels:** Provides offshore supply services with a dedicated fleet.
- **Break-bulk Services:** Sole Indian shipping company providing break-bulk services.
- **Manning and Management Services:** Provides manning and management services for government-owned vessels.

### Competitive strengths
- Sole Indian shipping company providing break-bulk services.
- Manages government-owned vessels for various departments and organizations.
- Operates a diverse fleet covering multiple shipping segments.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/sci
Markdown representation: https://faxioms.com/stocks/sci?render=md