Shipping Corporation of India (SCI) is currently trading at Rs. 61.80, up by 0.25 points or 0.41% from its previous closing of Rs. 61.55 on the BSE.
The scrip opened at Rs. 62.90 and has touched a high and low of Rs. 62.90 and Rs. 61.25 respectively. So far 103155 shares were traded on the counter.
The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 73.25 on 11-Jun-2014 and a 52 week low of Rs. 31.80 on 18-Sep-2013.
Last one week high and low of the scrip stood at Rs. 69.45 and Rs. 60.80 respectively. The current market cap of the company is Rs. 2901.93 crore.
The promoters holding in the company stood at 63.75% while Institutions and Non-Institutions held 20.44% and 15.81% respectively.
Shipping Corporation of India (SCI) will be launching Direct Shipping service to Myanmar. The service will commence from Colombo on September 28, 2014, with the deployment of a 1,200 Twenty Foot Equivalent Unit (TEU) ship, SCI KAMAL.
The proposed service launched under the dynamic initiative from the Ministry of Shipping, between India and Myanmar will commence the flow of cargo between the two countries which will now be connected through Chennai & Krishnapatnam (India) and Yangon (Myanmar). This service will link SCI's long-haul services to the Far East, UK and Middle East at Colombo.
With this service, SCI has provided integrated transport links to its clientele worldwide. With the commencement of this service, the transit time for imports and exports to/from Yangon will be substantially reduced.
SCI is the only Indian shipping company operating break-bulk service, international container service, liquid / dry bulk service, offshore service, passenger service, in addition to manning / managing a large number of vessels on behalf of various government departments and organizations.