Shipping Corporation of India Share Price Today: Latest Update!

June 16, 2025: Shipping Corporation of India (SCI), a key player in the Indian shipping sector, witnessed a notable increase in its share price today. Trading between a low of ₹230.2 and a high of ₹243.25, the stock closed at ₹232.3 on the BSE, reflecting a daily gain of 2.56%. Over the past month, SCI’s shares have surged by an impressive 32.25%, while a three-month period shows a remarkable 59.71% return.

The stock’s performance is supported by positive technical indicators. The daily pivot point stands at ₹235.1, with resistance levels at ₹240 (R1), ₹248.15 (R2), and ₹253.05 (R3). Support is identified at ₹226.95 (S1), ₹222.05 (S2), and ₹213.9 (S3). Moving averages reflect a bullish trend, with the 5-day Simple Moving Average (SMA) at ₹214.47 and Exponential Moving Average (EMA) at ₹215.5, while the 50-day SMA and EMA stand at ₹185.23 and ₹191.21, respectively.

Compared to sector peers like Great Eastern Shipping Company, which has seen a modest 8.27% gain over the past month, SCI’s stronger performance signals growing investor confidence. However, the one-year performance for SCI shows a dip of 14.34%, highlighting the volatility faced by the shipping sector in recent times.

The shipping industry’s rebound is attributed to increased global trade demand and improved freight rates, supporting companies like SCI. Market analysts advise investors to watch key resistance and support levels carefully as the stock navigates this upward momentum.

With a 52-week price range of ₹138.25 to ₹384.8, Shipping Corporation of India appears well-positioned for potential growth, backed by solid fundamentals and sector recovery trends.