
Essar Shipping (ESSARSHPNG) Share Price rises 12.43% today to Rs 19.09
Updated: 30 Sept 2026 • 9:25 am
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Essar Shipping Share Price is trading higher today after a sharp intraday move that lifted the stock to Rs 19.09 from the previous close of Rs 16.98. The share price rise of 12.43% has taken the company’s market capitalisation to Rs 326.82 crore, placing Essar Shipping Ltd. back among the closely watched names in logistics and shipping. According to Univest data, the price event is confirmed, but no company-specific catalyst is established. That makes the price action itself the main story, while the financial context, sector benchmark and peer comparison provide the useful frame for reading Essar Shipping Share Price today. For investors tracking Essar Shipping Stock News, the next checks are simple: the day’s range, the valuation multiples and how the business compares with shipping peers.
Essar Shipping Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 19.09 |
| Previous Close | Rs 16.98 |
| Today's Move | Rs 2.11 (+12.43%) |
| Open | Rs 17.79 |
| High | Rs 19.4 |
| Low | Rs 17.78 |
| Market Capitalisation | Rs 326.82 crore |
| Market Cap Category | Micro Cap |
Essar Shipping Ltd. (ESSARSHPNG) rose to Rs 19.09 from the previous close of Rs 16.98, a move of Rs 2.11 or 12.43%. The stock opened at Rs 17.79, reached a high of Rs 19.4, recorded a low of Rs 17.78.
Essar Shipping Share Price moved sharply higher in today’s trade, rising 12.43% to Rs 19.09 from Rs 16.98. The stock opened at Rs 17.79, touched a high of Rs 19.40 and a low of Rs 17.78, which shows that the move stayed within a relatively tight intraday band even after the gain. The share price rise of Rs 2.11 is the direct arithmetic outcome of the day’s move, and the market capitalisation of Rs 326.82 crore gives the rise a company-size context. On price action alone, Essar Shipping Share Price is one of the stronger movers in the shipping pocket today, but the reason for the move is not established in the verified market facts. The next section of Essar Shipping Share Price analysis turns to fundamentals to see whether the valuation backdrop adds context.
Essar Shipping Ltd. (ESSARSHPNG) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 326.82 crore |
| P/E Ratio | 3.86x |
| P/B Ratio | -0.16x |
| ROCE | 0% |
| EPS | Rs 4.4 |
| Book Value Per Share | Rs -109.28 |
| Dividend Yield | 0% |
Essar Shipping Ltd. (ESSARSHPNG) fundamental metrics show P/E 3.86x, P/B -0.16x, ROCE 0%. These figures provide context only and are not a buy or sell signal.
Essar Shipping Ltd. has a market capitalisation of Rs 326.82 crore and falls in the Micro Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 3.86x, P/B at -0.16x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROCE of 0%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 4.4, book value per share of Rs -109.28, dividend yield of 0%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 14.21x, median ROE of 6.78%, median ROCE of 6.76%. Taken together, they outline the fundamentals rather than a view on the stock.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Logistics |
| Industry | Shipping |
| Benchmark Scope | same industry |
| Company P/E Ratio | 3.86x |
| Benchmark Median P/E | 14.21x |
| Benchmark Average P/E | 51.56x |
| Benchmark P/E Range | 3.86x to 340.74x |
| Company P/B Ratio | -0.16x |
| Benchmark Median P/B | 1.15x |
| Benchmark Median ROE | 6.78% |
| Company ROCE | 0% |
| Benchmark Median ROCE | 6.76% |
| Company Market Capitalisation | Rs 326.82 crore |
| Benchmark Median Market Cap | Rs 342.14 crore |
Essar Shipping Ltd. (ESSARSHPNG) operates in the Logistics sector, within the Shipping industry.
Essar Shipping Ltd. (ESSARSHPNG) has a P/E ratio of 3.86x, which is below the benchmark median of 14.21x, a difference of -72.84%. On its own, the P/E gap is a valuation reference point, not a trading call.
Essar Shipping Ltd. (ESSARSHPNG) has a ROCE of 0%, which is below the benchmark median of 6.76%, a difference of -100%.
Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| The Great Eastern Shipping Company Ltd. | GESHIP | 21,882.64 | 5.85 | 1.2 | 18.85 | 18.37 |
| Shipping Corporation Of India Ltd. | SCI | 12,695.35 | 7.84 | 1.3 | 15.54 | 14.64 |
| Shreeji Shipping Global Ltd. | SHREEJISPG | 12,301.14 | 77.74 | 15.28 | 29.87 | 28.14 |
| Seamec Ltd. | SEAMECLTD | 4,286.27 | 16.38 | 3.04 | 21.96 | 20.4 |
| Dredging Corporation Of India Ltd. | DREDGECORP | 2,637.46 | 66.34 | 2.1 | 0.39 | 4.28 |
Essar Shipping Ltd. (ESSARSHPNG) has a P/E ratio of 3.86x compared with the displayed peer median of 16.38x. This peer read is a relative benchmark rather than a trading signal. ROCE stood at 0% versus the displayed peer median of 18.37%, providing a capital-efficiency comparison. Essar Shipping Ltd. (ESSARSHPNG) has a market capitalisation of Rs 326.82 crore. All 5 peers shown have a larger market capitalisation.
Why Investors Are Watching Essar Shipping
- Essar Shipping Share Price rose 12.43% today, so the intraday move itself is the first reason it is in focus.
- The stock trades at a P/E of 3.86, which is below the same-industry median P/E of 14.21.
- Its P/B is -0.16, while book value is Rs -109.28, making the valuation structure unusual in the peer set.
- EPS of Rs 4.4 gives Essar Shipping Share Price an earnings-per-share reference point despite the negative book value.
- ROCE of 0% sits below the industry median ROCE of 6.76%, so fundamentals deserve attention alongside the price rise.
About Essar Shipping
Essar Shipping Ltd. operates in the Logistics sector and the Shipping industry. Essar Shipping Share Price is therefore tied to a business that is part of the wider Indian shipping ecosystem, where companies typically serve transport, fleet and maritime-related activity. Based on the available company profile, the stock belongs to a listed shipping peer group that includes both asset-heavy operators and companies with very different profitability profiles. For investors reading Essar Shipping Share Price today, the key business context is that the company is not being assessed in isolation; it is being compared against other shipping names that show wide differences in valuation and returns. The latest figures show the company at Rs 19.09 with a market capitalisation of Rs 326.82 crore, which places it in a lower market-cap band relative to several larger peers. That makes company-specific analysis more important than broad sector averages when reviewing Essar Shipping Stock News.
Disclaimer: 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 Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).
Frequently Asked Questions
What is Essar Shipping Share Price today?
Ans. Essar Shipping Share Price is Rs 19.09 today. It is up 12.43% from the previous close of Rs 16.98, and the company’s market capitalisation stands at Rs 326.82 crore.
Why is Essar Shipping Share Price rising today?
Ans. Essar Shipping Share Price is higher today, but according to Univest data, the price event is confirmed and no company-specific catalyst is established. The move is visible in price action rather than an identified trigger.
What was the previous close for Essar Shipping Share Price?
Ans. The previous close for Essar Shipping Share Price was Rs 16.98. The stock opened at Rs 17.79 and moved to Rs 19.09 during the trade, which is a gain of Rs 2.11.
What does the valuation of Essar Shipping Share Price show?
Ans. Essar Shipping Share Price trades at a P/E of 3.86 and a P/B of -0.16. The low P/E and negative P/B point to a distinct valuation profile compared with the shipping peer set.
How does Essar Shipping Share Price compare with shipping peers?
Ans. Essar Shipping Share Price has a lower P/E than peers such as Great Eastern Shipping, SCI, Seamec and Dredging Corporation. Its ROCE of 0% also trails most listed shipping names in the same industry.
What do EPS and book value mean for Essar Shipping Share Price?
Ans. EPS for Essar Shipping Share Price is Rs 4.4, which reflects earnings per share. Book value is Rs -109.28, and that negative figure helps explain the negative P/B ratio.
Is Essar Shipping Share Price low-valued compared with the sector?
Ans. On P/E, Essar Shipping Share Price is below the same-industry median of 14.21 and the average of 51.56. On P/B and ROCE, the comparison is less straightforward because the company shows a negative book value and zero ROCE.
What should investors monitor in Essar Shipping Share Price next?
Ans. Investors watching Essar Shipping Share Price can monitor whether the stock holds above the previous close, how the price behaves near the day’s high, and whether fundamentals like EPS, ROCE and valuation stay in view.
Track Essar Shipping Share Price on Univest
Use Essar Shipping Ltd. (ESSARSHPNG) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
You can track Essar Shipping Share Price on Univest for live price updates, valuation ratios, market capitalisation, 52-week levels and shipping-sector context. Univest also brings together Essar Shipping Stock Analysis, Essar Shipping Latest News and peer comparison in one place, which helps readers follow the stock without relying on isolated price moves. For Essar Shipping Share Price Today, that combination of price action and fundamentals is usually the most useful starting point.
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