173.6400 1.89 (1.10%)
NSE Apr 15, 2025 15:31 PM
Volume: 2.8M
 

173.64
1.10%
Kotak Securities
SCI has reported weak set of numbers for Q2FY18 despite improvement in macroeconomic environment and up-trend in shipping cycle. This is primarily due to poor strategy adopted by the company in placing its ships, improper capex plan and poor bargaining with customers. Sales was reported at Rs 8.08 bn (+6.5% YoY and -6.5% QoQ) with weakness in the key tanker segment despite upcoming winter in the west. This dragged the overall EBIDTA margin to 15.49% (-200 bps QoQ and -380 bps YoY) which is the lowest in the last 8 quarters. Consequently...
Number of FII/FPI investors decreased from 136 to 128 in Dec 2024 qtr
More from Shipping Corporation of India Ltd.
Recommended