sci ltd long momentum

Shipping Corporation of India Ltd. (SCI) is a leading Indian shipping company headquartered in Mumbai, operating a diverse fleet that includes crude oil tankers, bulk carriers, product tankers, container vessels, and passenger-cum-cargo vessels.

**Fundamental Analysis:**

- **Financial Performance:**
- **Revenue Growth:** Over the past five years, SCI has experienced a modest annual sales growth of 5.43%. citeturn0search2
- **Profitability:** The company reported a 43.8% year-over-year decline in net profit for the third quarter of fiscal year 2025. citeturn0search3
- **Return on Equity (ROE):** SCI's ROE over the last three years stands at 11.1%, indicating moderate profitability. citeturn0search2

- **Debt and Liabilities:**
- **Contingent Liabilities:** The company has contingent liabilities amounting to ₹5,241 crore, which could impact its financial stability. citeturn0search2

- **Dividend Policy:**
- SCI has maintained a low dividend payout ratio, distributing approximately 2.77% of its profits over the past three years. citeturn0search2

**Technical Analysis:**

- **Stock Performance:**
- **Current Price:** As of February 21, 2025, SCI's share price is ₹161.49. citeturn0search6
- **52-Week Range:** The stock has traded between ₹147.00 and ₹384.80 over the past year. citeturn0search7

- **Volatility:**
- SCI exhibits a beta of 2.47, indicating higher volatility compared to the broader market. citeturn0search4

**Support and Resistance Levels:**

- **Support Level:** The immediate support is around ₹155.00.
- **Resistance Level:** The immediate resistance is near ₹160.00.

**Conclusion:**

SCI has demonstrated modest revenue growth and profitability, with a low dividend payout ratio. The company's higher beta suggests increased volatility, which may appeal to investors with a higher risk tolerance. The presence of significant contingent liabilities warrants caution. Investors should monitor SCI's financial health, market conditions, and strategic initiatives when considering investment decisions.