Shipping Corporation of India (SCI) Shares Soar to 52-Week High of ₹267.70, Up 7% Amid Heavy Trading Volumes
Shares of Shipping Corporation of India (SCI) surged 7% to hit a 52-week high of ₹267.70 on the BSE during Friday’s intra-day session, driven by strong buying interest and heavy volumes. Over the past two trading sessions, the state-owned shipping giant’s stock has rallied nearly 16%.
As of 12:22 PM, SCI shares were trading 6% higher at ₹265.05, supported by a five-fold increase in average traded volumes. In contrast, the BSE Sensex was marginally lower by 0.14% at 84,436.
A total of 28.16 million equity shares, representing about 6% of SCI’s total equity, were traded across exchanges — with 25.95 million shares on the NSE and 2.21 million shares on the BSE.
What’s Fueling the Rise in SCI Share Price Today?
The recent rally in Shipping Corporation of India (SCI) shares comes after the company made a key announcement regarding its Long-Term Business Plan. In an exchange filing on Thursday, post-market hours, SCI revealed that its consultant has finalized the long-term business roadmap, which has been approved by the company’s Board of Directors. According to the filing, specific projects and proposals under this plan will be evaluated individually in line with SCI’s internal procedures.
Adding to the market buzz, SCI remains on the Government of India’s strategic disinvestment list. The Department of Investment and Public Asset Management (DIPAM) under the Ministry of Finance has already appointed Transaction Advisors, Asset Valuers, and Legal Advisors to oversee the process. Earlier, on December 22, 2020, DIPAM had released a Preliminary Information Memorandum (PIM) to invite Expressions of Interest (EOI) from potential bidders.
These developments have boosted investor optimism, driving strong demand for SCI shares in recent trading sessions.
SCI Demerger Progress and Industry Outlook
As part of the strategic disinvestment process, Shipping Corporation of India Land and Assets Ltd (SCILAL) was incorporated in November 2021 to take over the non-core assets of the Shipping Corporation of India (SCI). This move formed a key component of the company’s demerger plan. Subsequently, the Ministry of Corporate Affairs (MCA), through an order dated February 22, 2023, approved the Scheme of Arrangement for Demerger between SCI and SCILAL. Currently, SCILAL’s operations are being managed by SCI under a service-level agreement.
Outlook
On the policy front, the Government of India has introduced several initiatives to strengthen the domestic shipping and shipbuilding ecosystem, boost inland and coastal waterways, and enhance global competitiveness. In the Union Budget 2025–26, the government announced multiple measures including:
Establishment of a Maritime Development Fund worth ₹25,000 crore
Launch of Ship Building Financial Assistance Policy (SBFAP 2.0)
Extension of Tonnage Tax benefits to inland vessels
Development of shipbuilding clusters and introduction of shipbreaking credit notes
Customs duty exemption for another 10 years to aid infrastructure growth, skill development, and technology advancement across the maritime sector
These reforms align with long-term blueprints such as the Maritime India Vision 2030 and Maritime Amrit Kaal Vision 2047, which aim to modernize India’s maritime sector through synergy with the National Logistics Policy (NLP) and PM Gati Shakti National Master Plan (PMGS-NMP). Additionally, the government’s “Jalvahak Scheme” has been announced to encourage cargo transport via inland waterways, promoting sustainable and cost-effective logistics.
Meanwhile, Fitch Ratings has revised its 2025 global shipping sector outlook from “neutral” to “deteriorating”, citing expectations of weaker demand in container shipping and dry bulk segments. However, SCI noted in its FY25 annual report that the potential easing of trade tariffs and renewed multilateral trade talks could pave the way for a gradual recovery starting in 2026.
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