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ShippingMedium impactAfter close

Shipping Corporation of India upgraded to buy on valuation

after close1 source ↓written by the desknot a recommendation

SEAMEC Ltd
20.24

The Shipping Corporation of India Ltd has been upgraded to a buy rating due to its strong valuation and financial performance. The company now trades at a P/E ratio of 12.23, significantly lower than peers like SEAMEC Ltd at 20.24. With a PEG ratio of 0.70 and a dividend yield of 4.37%, it presents an attractive opportunity for value investors.

• P/E ratio: 12.23

• PEG ratio: 0.70

• Dividend yield: 4.37%

This upgrade may enhance investor sentiment and attract more capital into the stock.

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 3 May 2026, 16:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

SCI closed +4.6% on the day of the news, from ₹304.48 to ₹318.55; Nifty +0.5% over the same session.

Bulletin at 16:06 IST on 3 May 2026. Every change is measured from ₹304.48, the last close before it, on 30 Apr. 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 it268.19306.44344.70axis spans 29%before the news · 30 Apr304.48Nifty 50SCIbulletinD0+1+3+524 Apr7 May18 MayReference close ₹304.48. 16 sessions from 24 Apr to 18 May; the price axis spans 29 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 %
Before30 Apr₹304.48basebase
On the day4 May₹318.55▲ +4.6%▲ +0.5%+4.1 pp difference
+1 session5 May₹320.35▲ +5.2%▲ +0.1%+5.1 pp difference
+3 sessions7 May₹319.60▲ +5.0%▲ +1.4%+3.6 pp difference
+5 sessions11 May₹340.65▲ +11.9%▼ −0.8%+12.6 pp difference
Gap at the open, % · ₹
▲ +0.8%+2.47 on 4 May
Day's range, % · ₹
6.0%≈ 18 high to low
Volume on the day
1.03×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
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