The Navratna PSU knowledgeable in regards to the improvement by way of a submitting to the exchanges on Saturday. It stated that the motion won’t have any important affect on the corporate’s monetary, operational, or different actions.
On Friday, February 27, 2026, the corporate acquired an electronic mail from BSE and a discover from the National Stock Exchange levying a complete positive of Rs 5,42,800, every for non-compliance with Regulation 17(1) of Sebi Listing Regulations concerning the composition of the Board of Directors.
Shares of Shipping Corporation ended 1.8% decrease on the NSE at Rs 263.47.
SCI operates oil tankers and product carriers that transfer crude oil from abroad suppliers to Indian refineries, making it strategically vital for power safety. Its inventory has rewarded buyers with returns of 76% prior to now 12 months, considerably outperforming the Indian benchmarks Nifty and the BSE Sensex, whose returns in the identical interval stand at 12% and 9%, respectively, in keeping with Trendlyne.
The inventory is at present buying and selling above its 50-day and 200-day easy shifting averages of Rs 233 and Rs 226, respectively, the Trendlyne knowledge stated.
The firm reported a staggering 440% bounce in web revenue for the third quarter of FY26. Net revenue for the quarter rose to Rs 405 crore, sharply greater than the Rs 75.52 crore reported within the corresponding quarter final yr.Revenue from operations stood at Rs 1,612 crore, marking a 22.5% improve from Rs 1,316 crore within the year-ago interval, the corporate stated in an trade submitting.
The tanker section led the efficiency, with income rising 34% to Rs 1,097 crore, whereas working revenue (earnings earlier than curiosity and taxes, or EBIT) surged 389% year-on-year. The bulk service section additionally posted robust development, with income climbing to Rs 237.51 crore from Rs 147 crore within the corresponding quarter of the earlier monetary yr.
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