Shipping Corporation of India downgraded to hold amid mixed signals
pre-market1 source ↓written by the desknot a recommendation
- of the transport
- 30%
Shipping Corporation of India Ltd has been downgraded to hold due to mixed technical and valuation signals. The company maintains a low Debt to EBITDA ratio of 1.23, indicating prudent leverage management. With a market capitalization of ₹13,399 cr and annual sales of ₹5,779.79 cr, SCI commands nearly 30% of the transport services sector market share, reflecting its strong operational quality.
Not investment advice. For informational purposes only.