Shipping Corporation Of India

SCI shares sail up to 6% after Union govt lists three shipping bills

Shares of Shipping Corporation of India (SCI) stock price of the company came into focus after the central government listed three new shipping bills for the winter session of the parliament

Shipping Corporation rises 12% on reporting multi-fold jump in Q2 profit

The revenue from operations grew 32.7 per cent for the quarter under review to Rs 1,450.76 crore as compared to Rs 1093.2 crore a year ago

FinMin may complete privatisation process of IDBI Bank by March 2025

In the FY17 Union Budget, the government proposed reducing its stake in IDBI Bank to below 50 per cent

Munjal Auto gets tax demand notice of Rs 6.7 cr from Haryana GST authority

Munjal Auto Industries is among many companies hit with tax notices within the last week. The company intends to appeal the GST notice

Concor to resume coastal cargo transport, enhance last-mile connectivity

Concor had initially launched coastal shipping services in January 2019 but the services were halted in 2020 due to the Covid-19 outbreak

Nifty Microcap 250 surges 29% in 2024, outruns mid, smallcap indices

The rally in microcap stocks, according to Devarsh Vakil, Deputy Head of Retail Research, HDFC Securities, has been on the back of growth in earnings in a lot of these companies

Bayer Corp, Ashiana Housing record up to 50-fold jump in volume on July 11

Bayer Corp, Ashiana Housing, India Grid Trust, KCP Sugar and SCI among 9 stocks to log over 10-fold jump in daily trading volumes on the BSE on Thursday.

Shipping stocks zoom up to 19%; SCI, GE Shipping hit record high. Check why

Shipping stocks rally today: hipping Corporation of India (SCI) share price soared 19.3 per cent to hit an all-time high of Rs 328.50 per share

SCI share price up 4% after in-principle nod for GIFT City subsidiary

The surge in stock price came after Shipping Corporation of India said that it has been granted in-principle approval to form a wholly-owned subsidiary at GIFT City

India plans new shipping firm to expand fleet by 1,000 ships in next decade

Indian companies paid freight costs of $85 billion in the financial year 2019/20, of which $75 billion was paid for use of foreign vessels

Shipping Corporation of India share falls 4% on weak Q4 performance

Shipping Corporation of India's profit dropped 19 per cent to Rs 307 crore in Q4FY24, from 380 crore in Q4FY23

India-Iran Chabahar port deal: Time to bet on Indian shipping stocks?

Among shipping stocks - SCI, GE Shipping and Dredging have logged multi-fold returns over the last few years; here's what the chart suggests for the likely trend going ahead.

Govt aims to make all inland waterways ports 100% green in 5 yrs: Official

Three ports identified for green hydrogen production pilot, says secretary in ports ministry

Shipping Corporation Q2 results: Net profit declines 42.53% to Rs 65.7 cr

Disinvestment-bound Shipping Corporation of India Ltd (SCI) on Friday reported a 42.53 per cent decline in consolidated net profit to Rs 65.73 crore for the September quarter. The company had reported a net profit of Rs 114.38 crore in the year-ago period, it said in a regulatory filing to the BSE. SCI's total income rose to Rs 1,661.89 crore during the quarter under review from Rs 1,458 crore last year. The company's total expenses decreased to Rs 1,113.49 crore from Rs 1,330.80 crore earlier. SCI said shareholders of the company have approved dividend of Rs 0.44 per equity share of face value Rs 10 each. SCI is the largest Indian shipping company and the only Indian firm engaged in transportation of LNG.

SCI soars 8% on near 3-fold jump in Q4 net

The shipping major reported a 183.9 per cent jump in Q4FY23 net profit to Rs 359.83 crore when compared with Rs 126.74 crore in Q4FY22

Govt to invite bids for privatisation of Shipping Corp in May: Report

According to the report, the government now aims to invite financial bids for SCI, which owns and operates around one-third of India's total tonnage, by mid-May

Shipping Corporation fixes March 31 as record date for demerger; stk up 4%

The Government of India is in the process of strategic disinvestment of its equity stake in SCI together with transfer of management control

MCA approves demerger of core and non-core assets of Shipping Corp

Financial bids may be invited a month or two after SCILAL is listed

Shipping Corporation soars 10% on govt's approval to demerger plan

The Ministry of Corporate Affairs has approved the revised demerger plan of Shipping Corporation of India, wherein Rs 1,000 crore will be transferred to the non-core assets

MCA concludes demerger hearing of Shipping Corp, may approve soon: Sources

The move could expedite the Centre's stake sale plan for the national carrier