OICHARTS
8 AMThe 8 AM report →
ShippingManufacturingHigh impactAfter close

SCI contracts for India's first methanol dual-fuel PSV

after close1 source ↓written by the desknot a recommendation

Shipbuilders Limited
18 March 2026

In a landmark deal, Shipping Corporation of India Ltd. (SCI) signed a contract with Mazagon Dock Shipbuilders Limited on 18 March 2026 for a 3000 DWT Methanol Dual Fuel PSV. This vessel marks a significant step towards sustainable maritime operations in India, utilizing methanol to reduce emissions and enhance fuel efficiency.

The introduction of this advanced vessel is expected to boost offshore operations and aligns with global trends towards greener shipping solutions. Traders may see increased interest in companies involved in sustainable technologies and maritime infrastructure.

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, 16:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

SCI closed −6.1% on the day of the news, from ₹233.35 to ₹219.15; Nifty −2.6% over the same session.

Bulletin at 16:06 IST on 20 Mar 2026. Every change is measured from ₹233.35, the last close before it, on 20 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 it205.53233.35261.17axis spans 27%before the news · 20 Mar233.35Nifty 50SCIbulletinD0+1+3+516 Mar27 Mar9 AprReference close ₹233.35. 16 sessions from 16 Mar to 9 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 %
Before20 Mar₹233.35basebase
On the day23 Mar₹219.15▼ −6.1%▼ −2.6%−3.5 pp difference
+1 session24 Mar₹230.30▼ −1.3%▼ −0.9%−0.4 pp difference
+3 sessions27 Mar₹228.85▼ −1.9%▼ −1.3%−0.7 pp difference
+5 sessions1 Apr₹231.39▼ −0.8%▼ −1.9%+1.0 pp difference
Gap at the open, % · ₹
▼ −1.3%−2.94 on 23 Mar
Day's range, % · ₹
5.9%≈ 14 high to low
Volume on the day
0.65×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 →

Thread · SCIAll SCI bulletins →

Related