{"id":286375,"date":"2026-10-05T11:04:31","date_gmt":"2026-10-05T05:34:31","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=286375"},"modified":"2026-10-05T11:04:31","modified_gmt":"2026-10-05T05:34:31","slug":"shipping-corporation-of-india-share-price-up-4","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/shipping-corporation-of-india-share-price-up-4\/","title":{"rendered":"Shipping Corporation of India Share Price Jumps 4%: Record Tanker Earnings, a Rs 2,000 Crore Profit Target and the Risks Behind SCI&#8217;s Run"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>SCI up about 4% on 5 Oct from Rs 267 close. Q1 FY27 PAT Rs 619 cr (+75%), EBITDA margin 47.8%. FY27 PAT target above Rs 2,000 cr. 52-week range Rs 195 to Rs 369.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Shipping Corporation of India share price rose about 4% on 5 October, to roughly Rs 277 from the 1 October close of Rs 267, in a market where the Sensex gained 0.9%. The state-run shipper earned a consolidated profit of Rs 619.34 crore in Q1 FY27, up 74.9%, with the tanker segment contributing Rs 525 crore of segment profit, and the government has said SCI targets profit above Rs 2,000 crore for FY27. No single company announcement explains the 4% move, which fits earnings momentum and freight-rate sentiment, and the stock is still about 25% below its 52-week high of Rs 369.<\/p>\n<\/p><\/div>\n<p>The Shipping Corporation of India share price today is rising alongside a broad market rebound, but the stock has its own story, and the Shipping Corporation of India stock is a cyclical earnings play. SCI is the largest Indian shipping company by capacity, owning around one-third of India&#8217;s shipping tonnage, and its tanker business has been the engine of a sharp profit recovery.<\/p>\n<p>If you are searching for why the SCI share price is up, this article covers the Q1 FY27 results and EBITDA margin, the tanker market, the Strait of Hormuz and crude oil, the Rs 2,000 crore FY27 profit target and fleet expansion, valuation and dividend yield, the disinvestment angle, the 52-week high, the levels to watch and the risks. Price data is based on NSE and BSE figures, so recheck it before acting.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=shipping-corporation-of-india-share-price-up-4\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/shipping-corporation-of-india-share-price-up-4\/#Why_Is_Shipping_Corporation_of_India_Share_Price_Rising_Today\" title=\"Why Is Shipping Corporation of India Share Price Rising Today?\">Why Is Shipping Corporation of India Share Price Rising Today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/shipping-corporation-of-india-share-price-up-4\/#SCI_Q1_FY27_Results_Behind_the_Shipping_Corporation_of_India_Share_Price\" title=\"SCI Q1 FY27 Results Behind the Shipping Corporation of India Share Price\">SCI Q1 FY27 Results Behind the Shipping Corporation of India Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/shipping-corporation-of-india-share-price-up-4\/#Shipping_Corporation_of_India_Share_Price_Journey_in_2026\" title=\"Shipping Corporation of India Share Price Journey in 2026\">Shipping Corporation of India Share Price Journey in 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/shipping-corporation-of-india-share-price-up-4\/#The_Tanker_Market_and_the_Strait_of_Hormuz\" title=\"The Tanker Market and the Strait of Hormuz\">The Tanker Market and the Strait of Hormuz<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/shipping-corporation-of-india-share-price-up-4\/#Shipping_Corporation_of_India_Share_Price_Today_Valuation_and_Key_Numbers\" title=\"Shipping Corporation of India Share Price Today: Valuation and Key Numbers\">Shipping Corporation of India Share Price Today: Valuation and Key Numbers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/shipping-corporation-of-india-share-price-up-4\/#SCI_Disinvestment_and_Government_Ownership_of_the_Shipping_Corporation_of_India_Stock\" title=\"SCI Disinvestment and Government Ownership of the Shipping Corporation of India Stock\">SCI Disinvestment and Government Ownership of the Shipping Corporation of India Stock<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/shipping-corporation-of-india-share-price-up-4\/#Shipping_Corporation_of_India_Share_Price_Levels_to_Watch\" title=\"Shipping Corporation of India Share Price Levels to Watch\">Shipping Corporation of India Share Price Levels to Watch<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/shipping-corporation-of-india-share-price-up-4\/#Risks_Behind_the_Shipping_Corporation_of_India_Share_Price\" title=\"Risks Behind the Shipping Corporation of India Share Price\">Risks Behind the Shipping Corporation of India Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/shipping-corporation-of-india-share-price-up-4\/#What_Should_Investors_Watch_Next_for_the_Shipping_Corporation_of_India_Share_Price\" title=\"What Should Investors Watch Next for the Shipping Corporation of India Share Price?\">What Should Investors Watch Next for the Shipping Corporation of India Share Price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/shipping-corporation-of-india-share-price-up-4\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/shipping-corporation-of-india-share-price-up-4\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/shipping-corporation-of-india-share-price-up-4\/#Why_is_Shipping_Corporation_of_India_share_price_rising_today\" title=\"Why is Shipping Corporation of India share price rising today?\">Why is Shipping Corporation of India share price rising today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/shipping-corporation-of-india-share-price-up-4\/#What_were_SCIs_Q1_FY27_results\" title=\"What were SCI&#8217;s Q1 FY27 results?\">What were SCI&#8217;s Q1 FY27 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/shipping-corporation-of-india-share-price-up-4\/#What_is_SCIs_FY27_profit_target\" title=\"What is SCI&#8217;s FY27 profit target?\">What is SCI&#8217;s FY27 profit target?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/shipping-corporation-of-india-share-price-up-4\/#How_does_the_Strait_of_Hormuz_affect_SCI\" title=\"How does the Strait of Hormuz affect SCI?\">How does the Strait of Hormuz affect SCI?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/shipping-corporation-of-india-share-price-up-4\/#What_is_the_52-week_high_and_low_of_Shipping_Corporation_of_India_share_price\" title=\"What is the 52-week high and low of Shipping Corporation of India share price?\">What is the 52-week high and low of Shipping Corporation of India share price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/shipping-corporation-of-india-share-price-up-4\/#Does_SCI_pay_a_dividend\" title=\"Does SCI pay a dividend?\">Does SCI pay a dividend?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/shipping-corporation-of-india-share-price-up-4\/#Is_SCI_being_privatised\" title=\"Is SCI being privatised?\">Is SCI being privatised?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/shipping-corporation-of-india-share-price-up-4\/#Is_the_Shipping_Corporation_of_India_stock_a_good_buy_now\" title=\"Is the Shipping Corporation of India stock a good buy now?\">Is the Shipping Corporation of India stock a good buy now?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Why_Is_Shipping_Corporation_of_India_Share_Price_Rising_Today\"><\/span><strong>Why Is Shipping Corporation of India Share Price Rising Today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Shipping Corporation of India share price is rising on a mix of earnings momentum, high tanker rates and a better market mood. A single trigger is not clear from reports on 5 October, so the move looks like a reaction to recent news.<\/p>\n<p>Union Minister Sarbananda Sonowal said in recent days that SCI targets a profit after tax above Rs 2,000 crore in FY27 and plans fleet expansion. That target is well above the Rs 1,352.92 crore of standalone profit in FY26, and Q1 FY27 alone has already delivered over 45% of it.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"SCI_Q1_FY27_Results_Behind_the_Shipping_Corporation_of_India_Share_Price\"><\/span><strong>SCI Q1 FY27 Results Behind the Shipping Corporation of India Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Q1 FY27 metric<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Q1 FY27<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Q1 FY26<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Change<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Consolidated net profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 619.34 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 354.17 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 74.9%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Standalone net profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 664.29 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 343.23 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 87%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Revenue from operations<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,846.56 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 1,316 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up about 40%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">EBITDA margin<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">47.79%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">37.16%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 10.6 points<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Tanker segment revenue<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,295.46 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Not shown<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Largest segment<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Tanker segment profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 525.23 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Not shown<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Equal to about 85% of consolidated profit<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Q4 FY26 profit, previous quarter<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 404.60 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Not applicable<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 53% quarter on quarter<\/td>\n<\/tr>\n<\/table>\n<p>Tankers produced about 70% of revenue and most of the profit, so the Shipping Corporation of India share price tracks tanker rates. The tanker and bulk carrier segments drove growth in FY26, while the liner segment remained a weak spot.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Check the Univest Screener for live data on shipping stocks<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Shipping_Corporation_of_India_Share_Price_Journey_in_2026\"><\/span><strong>Shipping Corporation of India Share Price Journey in 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Date<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Event<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Shipping Corporation of India share price<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">9 February<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Q3 FY26 profit of Rs 405 crore, up five times, sends the stock up about 15% to 19% in a day<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up to about Rs 255 to Rs 264<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">May<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Q4 FY26 profit of Rs 404.60 crore, up 119%; management flags very high tanker spot rates<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 339 to Rs 344<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">July<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Ahead of Q1 FY27 results, the stock trades near its earlier range<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 303<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">6 to 7 August<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Q1 FY27 profit of Rs 619.34 crore, up 74.9%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Not verified<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">1 October<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Close after a 1.28% fall<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 267<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">5 October<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rises about 4% in a firm market<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 277<\/td>\n<\/tr>\n<\/table>\n<p>SCI also signed memoranda of understanding with BPCL, HPCL and IOCL in September 2025 to build and operate a fleet together, a deal that lifted the stock about 8% in a day. The record since then shows a pattern of sharp jumps on earnings and policy news followed by pullbacks.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_Tanker_Market_and_the_Strait_of_Hormuz\"><\/span><strong>The Tanker Market and the Strait of Hormuz<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>SCI is India&#8217;s largest tanker owner. On its May earnings call, management said transit through the Strait of Hormuz had been disrupted for more than two months and that tanker spot rates were multiple times pre-war levels. Longer routes and scarce ships raise freight rates, which lifts earnings for owners with spot exposure and supports the Shipping Corporation of India share price.<\/p>\n<p>Brent crude oil is still above $100 a barrel, around $106 to $107 last week, which signals that supply disruption has not ended. Check the current status of the route, because a reopening would reverse the rate spike.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Shipping_Corporation_of_India_Share_Price_Today_Valuation_and_Key_Numbers\"><\/span><strong>Shipping Corporation of India Share Price Today: Valuation and Key Numbers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Figure<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">What it tells you<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Close, 1 October<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 267<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down 1.28% that day<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price, 5 October<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 277<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">A 4% rise from the close, my calculation<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">52-week range<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 195.55 to Rs 368.75<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price is about 25% below the high<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Market capitalisation<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 12,400 crore at Rs 267<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Mid-cap PSU<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price to earnings<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 7.7 times at Rs 267<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Low, reflecting cyclical earnings<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Dividend yield<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 2.8%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Payout ratio near 22%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Return on equity<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 15%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Return on capital employed 13.9%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Government holding<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">63.75%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Held through the President of India<\/td>\n<\/tr>\n<\/table>\n<p>A P\/E below 8 shows that investors do not pay peak earnings multiples for the Shipping Corporation of India share price, since tanker rates move in cycles. At the Q1 annualised run rate, the SCI share price multiple would look even lower, but that run rate depends on rates staying high.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track live prices of shipping and PSU stocks.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"SCI_Disinvestment_and_Government_Ownership_of_the_Shipping_Corporation_of_India_Stock\"><\/span><strong>SCI Disinvestment and Government Ownership of the Shipping Corporation of India Stock<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The government has held 63.75% of SCI for years, and the company has been disinvestment-bound for a long time. A strategic sale would change the ownership and valuation story for the Shipping Corporation of India share price, but progress has been slow, and Q1 coverage still told investors to monitor it. Treat disinvestment as an option and not a base case.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Shipping_Corporation_of_India_Share_Price_Levels_to_Watch\"><\/span><strong>Shipping Corporation of India Share Price Levels to Watch<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Level<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Why it matters<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 368.75<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">52-week high<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 339 to Rs 344<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Prices after Q4 FY26 results in May<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 303<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price before Q1 FY27 results in July<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 277<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">5 October price<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 267<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">1 October close<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 195.55<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">52-week low<\/td>\n<\/tr>\n<\/table>\n<p>These are reference levels for the Shipping Corporation of India share price based on past prices, not forecasts.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_Behind_the_Shipping_Corporation_of_India_Share_Price\"><\/span><strong>Risks Behind the Shipping Corporation of India Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Tanker rates can fall:<\/strong> If Hormuz transit normalises, spot rates would drop and Q1 FY27 profits would not repeat, which would hit the Shipping Corporation of India share price.<\/p>\n<p><strong>Concentration in tankers:<\/strong> The tanker segment earns most of the profit, so other segments cannot cushion a downturn.<\/p>\n<p><strong>Weak long-term sales growth:<\/strong> Sales grew only about 9% a year over five years, and profit is cyclical, which limits the multiple on the Shipping Corporation of India share price.<\/p>\n<p><strong>Government control:<\/strong> State ownership can limit pricing and capital decisions, and disinvestment is uncertain.<\/p>\n<p><strong>Contingent liabilities:<\/strong> Reported contingent liabilities of about Rs 4,094 crore add balance-sheet risk.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Should_Investors_Watch_Next_for_the_Shipping_Corporation_of_India_Share_Price\"><\/span><strong>What Should Investors Watch Next for the Shipping Corporation of India Share Price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Tanker spot rates and the status of Strait of Hormuz shipping, which drive the Shipping Corporation of India share price.<\/li>\n<li>Brent crude and the rupee, since freight and costs are dollar-linked.<\/li>\n<li>Q2 FY27 results, expected in November.<\/li>\n<li>Fleet expansion orders that support the Rs 2,000 crore profit target.<\/li>\n<li>Any update on disinvestment.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Shipping Corporation of India share price rose about 4% on 5 October, helped by record tanker earnings, a Rs 619 crore Q1 FY27 profit and a government target of Rs 2,000 crore for FY27. At about Rs 277 it is roughly 25% below its 52-week high and trades near 8 times earnings, but those earnings depend on tanker rates that can fall. Rs 267 is the first support to watch for the Shipping Corporation of India share price. Consult a SEBI-registered advisor before making any decision.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_Shipping_Corporation_of_India_share_price_rising_today\"><\/span><strong>Why is Shipping Corporation of India share price rising today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Shipping Corporation of India share price rose about 4% on 5 October amid a broad market rebound, strong tanker earnings and the Rs 2,000 crore FY27 profit target. No single company filing explains the move.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_SCIs_Q1_FY27_results\"><\/span><strong>What were SCI&#8217;s Q1 FY27 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Consolidated net profit was Rs 619.34 crore, up 74.9%, on revenue of Rs 1,846.56 crore. EBITDA margin rose to 47.79% and the tanker segment earned Rs 525.23 crore, the key driver of the Shipping Corporation of India share price.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_SCIs_FY27_profit_target\"><\/span><strong>What is SCI&#8217;s FY27 profit target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Union Minister Sarbananda Sonowal said SCI targets a profit after tax above Rs 2,000 crore in FY27, against Rs 1,352.92 crore of standalone profit in FY26, which supports the Shipping Corporation of India share price.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_the_Strait_of_Hormuz_affect_SCI\"><\/span><strong>How does the Strait of Hormuz affect SCI?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Disruption lengthens routes and tightens tanker supply, which raises freight rates. SCI is India&#8217;s largest tanker owner, so higher rates lift its earnings and the SCI share price.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_52-week_high_and_low_of_Shipping_Corporation_of_India_share_price\"><\/span><strong>What is the 52-week high and low of Shipping Corporation of India share price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The 52-week high is Rs 368.75 and the low is Rs 195.55. At about Rs 277, the stock is roughly 25% below the high.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Does_SCI_pay_a_dividend\"><\/span><strong>Does SCI pay a dividend?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Yes. The dividend yield is about 2.8% with a payout ratio near 22%. Dividends depend on profit and government policy and are not guaranteed.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_SCI_being_privatised\"><\/span><strong>Is SCI being privatised?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The government holds 63.75% and the company has long been listed for disinvestment, but progress has been slow. No firm sale timeline is available.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Shipping_Corporation_of_India_stock_a_good_buy_now\"><\/span><strong>Is the Shipping Corporation of India stock a good buy now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This article does not constitute investment advice. The Shipping Corporation of India share price reflects strong earnings and a low P\/E, but tanker rates are cyclical. Consult a SEBI-registered financial advisor before investing.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why is Shipping Corporation of India share price rising today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Shipping Corporation of India share price rose about 4% on 5 October amid a broad market rebound, strong tanker earnings and the Rs 2,000 crore FY27 profit target. No single company filing explains the move.\"}},{\"@type\":\"Question\",\"name\":\"What were SCI's Q1 FY27 results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Consolidated net profit was Rs 619.34 crore, up 74.9%, on revenue of Rs 1,846.56 crore. EBITDA margin rose to 47.79% and the tanker segment earned Rs 525.23 crore, the key driver of the Shipping Corporation of India share price.\"}},{\"@type\":\"Question\",\"name\":\"What is SCI's FY27 profit target?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Union Minister Sarbananda Sonowal said SCI targets a profit after tax above Rs 2,000 crore in FY27, against Rs 1,352.92 crore of standalone profit in FY26, which supports the Shipping Corporation of India share price.\"}},{\"@type\":\"Question\",\"name\":\"How does the Strait of Hormuz affect SCI?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Disruption lengthens routes and tightens tanker supply, which raises freight rates. SCI is India's largest tanker owner, so higher rates lift its earnings and the SCI share price.\"}},{\"@type\":\"Question\",\"name\":\"What is the 52-week high and low of Shipping Corporation of India share price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The 52-week high is Rs 368.75 and the low is Rs 195.55. At about Rs 277, the stock is roughly 25% below the high.\"}},{\"@type\":\"Question\",\"name\":\"Does SCI pay a dividend?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes. The dividend yield is about 2.8% with a payout ratio near 22%. Dividends depend on profit and government policy and are not guaranteed.\"}},{\"@type\":\"Question\",\"name\":\"Is SCI being privatised?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The government holds 63.75% and the company has long been listed for disinvestment, but progress has been slow. No firm sale timeline is available.\"}},{\"@type\":\"Question\",\"name\":\"Is the Shipping Corporation of India stock a good buy now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This article does not constitute investment advice. The Shipping Corporation of India share price reflects strong earnings and a low P\/E, but tanker rates are cyclical. Consult a SEBI-registered financial advisor before investing.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shipping Corporation of India share price rose about 4% on 5 October. See the tanker boom, Q1 FY27 profit, the Rs 2,000 crore target and the risks.<\/p>\n","protected":false},"author":35,"featured_media":286374,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[1170,8059,8058,7750,4276,8060],"class_list":["post-286375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-psu-stocks","tag-sci-share-price","tag-shipping-corporation-of-india","tag-shipping-stocks","tag-strait-of-hormuz","tag-tanker-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["286374"],"rank_math_title":["Shipping Corporation of India Share Price Up 4%: Tanker Boom"],"rank_math_description":["Shipping Corporation of India share price rose about 4% on 5 October. See the tanker boom, Q1 FY27 profit of Rs 619 crore, the Rs 2,000 crore FY27 target and risks."],"rank_math_focus_keyword":["Shipping Corporation of India share price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/shipping-corporation-of-india-share-price-jumps-4-record-tanker-earnings-a-rs-2.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/286375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=286375"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/286375\/revisions"}],"predecessor-version":[{"id":286376,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/286375\/revisions\/286376"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/286374"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=286375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=286375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=286375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}