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ShippingManufacturingHigh impactPre-market

SCI signs contract for India's first methanol dual-fuel vessel

pre-market1 source ↓written by the desknot a recommendation

Shipping Corporation of India Ltd. (SCI) has signed a contract with Mazagon Dock Shipbuilders Limited on 18 March 2026 for a 3000 DWT Methanol Dual Fuel PSV. This vessel, the first of its kind in India, aims to enhance environmental performance by reducing emissions significantly. It will support offshore operations, marking a pivotal shift towards sustainable maritime practices.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 20 Mar 2026, 07:05 IST.

Sourcesnews.google.com

The market after the news

SCI closed +1.4% on the day of the news, from ₹230.10 to ₹233.35; Nifty +0.5% over the same session.

Bulletin at 07:05 IST on 20 Mar 2026. Every change is measured from ₹230.10, the last close before it, on 19 Mar. Nifty 50 is measured over the same sessions.

  • SCI close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
SCI closes around the bulletin against the close before the news, with Nifty 50 rebased to it202.67230.10257.53axis spans 27%before the news · 19 Mar230.10Nifty 50SCIbulletinD0+1+3+513 Mar25 Mar8 AprReference close ₹230.10. 16 sessions from 13 Mar to 8 Apr; the price axis spans 27 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before19 Mar₹230.10basebase
On the day20 Mar₹233.35▲ +1.4%▲ +0.5%+0.9 pp difference
+1 session23 Mar₹219.15▼ −4.8%▼ −2.1%−2.6 pp difference
+3 sessions25 Mar₹233.35▲ +1.4%▲ +1.3%+0.1 pp difference
+5 sessions30 Mar₹219.70▼ −4.5%▼ −2.9%−1.6 pp difference
Gap at the open, % · ₹
▲ +1.0%+2.39 on 20 Mar
Day's range, % · ₹
3.8%≈ 8.7 high to low
Volume on the day
0.49×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · SCI on the desk →

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