Shipping Corporation Of India Share Price Target From 2024 to 2030: The Shipping Corporation of India is the leading player in the Indian shipping industry that also offers wide-ranging services in shipping, logistics, and offshore operations. The organization has a glorious history and boasts strategic importance for the support it offers India’s trade and economic activities. Therefore, as an investor, it would be very important to understand the potential of SCI stock in light of recent changes in institutional holdings and market performance. In this detailed analysis, we’ll cover the Shipping Corporation Of India Share Price from 2024 to 2030, along with the factors driving those predictions.
Current Shipping Corporation Of India Share Price Overview
- Current Price: ₹212.47
- Market Capitalization: ₹9.89K Crore
- P/E Ratio: 12.39
- Dividend Yield: 0.24%
- 52-Week High: ₹384.20
- 52-Week Low: ₹130.75
The current Shipping Corporation Of India Share Price is standing at ₹212.47, which has been 61.39% over the last one year, very good momentum in itself. This is important, as regards the volatility usually seen in the shipping industry.
Shareholding Pattern For Shipping Corporation Of India Share Price
- Promoters: 63.75%
- Retail and Others: 26.99%
- Foreign Institutional Investors (FII/FPI): 5.62%
- Other Domestic Institutions: 3.53%
- Mutual Funds: 0.11%
Shareholding pattern of Shipping Corporation Of India Share Price
- Promoters have held at 63.75%.
- FII/FPI increased from 4.56% to 5.61% as this reflects that foreign institutions are showing eagerness.
- Mutual Fund has declined majorly to 0.11% as against the increase in the number of mutual fund schemes investing in the company from 4.61%.
Shipping Corporation of India Share Price Target from 2024 to 2030
| Year | Target |
| 2024 | ₹412 |
| 2025 | ₹494 |
| 2026 | ₹579 |
| 2027 | ₹668 |
| 2028 | ₹784 |
| 2029 | ₹875 |
| 2030 | ₹977 |
2024: Shipping Corporation Of India Share Price Target ₹412
The Shipping Corporation Of India Share Price is projected at ₹412 for 2024. The driving reasons include the rise in operational efficiency of the company, stability freight rates, and increased demand for shipping services. A further sign of international confidence in the business model of SCI is the increase in FII/FPI holdings. Further, the unchanged holding of promoters has turned to 63.75% which will eventually pave the way for long-term growth.
2025: Shipping Corporation Of India Share Price Target ₹494
The Shipping Corporation Of India Share Price target for the year 2025 is expected to be at ₹494. It is upward-sustained growth according to what the international shipping industry would probably depict on its growth curve. SCI shall benefit from increasing trade volumes and strategic investments in the expansion of its fleet. Moreover, the P/E ratio of 12.39 means the stock is underpriced and can appreciate with increased earnings. However, the growing foreign investors and the count of mutual fund schemes also hint at higher interest, which is taking the stock price upward.
2026: Shipping Corporation Of India Share Price Target ₹579
The Shipping Corporation Of India Share Price target is put at ₹579 for the year 2026. Increase will reflect through the healthy market position of the company along with growth prospects in off-shore and logistics services. Diversification by SCI into new shipping routes and greater service value can increase the revenue streams. The economic growth in India and the increasing trade activities across the globe will further support the target price. Additionally, the strategic and operational cost-cutting initiatives of the company and the increasing efficiencies will positively appear in its financial performance.
2027: Shipping Corporation Of India Share Price Target ₹668
Shipping Corporation Of India Share Price is expected to touch ₹668 by 2027. The hike is mainly based on the sustained demand for shipping services and SCI’s comprehensive market presence. Efforts that the company has been undertaking in terms of modernization of its fleet and investment in green shipping technologies are likely to attract environment-friendly investors. On the other hand, stable dividend policy, in spite of the low yield of 0.24%, would attract income-focused investors who might want stable returns from a government-backed enterprise.
2028: Target Shipping Corporation Of India Share Price ₹784
Shipping Corporation Of India Share Price for the year 2028 is ₹784. This high price can be viewed because of an expansion and diversification strategy kept up by the company. Globally pressure on sustainable shipping and logistics services is in favor of SCI because it aligns its approach with the new benchmarks of regulation. Sustained increase in FII/FPI investor’s count as well as the number of mutual fund schemes reflects robust institutional interest that could push the share price of the stock.
2029: Target Shipping Corporation Of India Share Price ₹875
The Shipping Corporation Of India Share Price is expected to reach ₹875 by 2029. Growth will be driven by increased global trade, stronger operational performance, and strategic partnerships. Its role in the marine infrastructure of India will strengthen investor confidence. Institutional investor participation might further unlock the stock in terms of liquidity and valuation. This target can be achieved by leveraging government support and industry-specific expertise.
2030: Shipping Corporation Of India Share Price Target ₹977
The Shipping Corporation Of India Share Price has been marked at ₹977 for the year 2030. It would be an excellent milestone because it shows that the company is capable of delivering good revenue growth along with profitability. This target price states that SCI can grow through new shipping routes coupled with advanced technologies. The trend is upward in FII/FPI holdings, while promoter holdings are stable, providing a very sound base for continuous performance. In the long-term investment by stock, there is a potential promise of a strong return if the company progresses well in delivering its strategic initiatives.
Factors influencing the growth of Shipping Corporation Of India Share Price
- Growth in Global Trade: With growing global trade volumes, shipping services demand is poised to rise, thereby benefiting SCI’s core business.
- Institutional Investments: The rising interest of FIIs/FPIs shows the maximum confidence of investors in the future prospects of SCI.
- Government Support: Being a Government-owned enterprise, SCI will be entitled to policies and promotional activities from the government that can influence its performance positively.
- Operational Efficiency: First and foremost, SCI’s heavy focus on fleet modernization and green shipping technologies will boost its profitability mainly.
- Economic Conditions: More generic macro-economic events, such as GDP growth, inflation, and currency fluctuations, would impact the earnings of the company and the share price.
Frequently Asked Questions About Shipping Corporation of India Share Price Target
1. What is Shipping Corporation of India share price target in 2024?
The Shipping Corporation Of India Share Price target for 2024 stands at ₹412.
2. How much Shipping Corporation Of India Share Price is expected to grow by in 2025?
Shipping Corporation Of India Share Price will be at ₹494 by 2025, which is quite up on that trend.
3. Is Shipping Corporation of India a good long-term investment?
SCI is going to be a good long-term investment considering all strategic growth initiations, increase in institutional investments, and its strong market position.
4. What are the factors likely to impact Shipping Corporation Of India Share Price?
Global trade dynamics, institutional investor interest, government policies, and operational efficiency are key impacting factors on the share price.
5. Why did SCI has witnessed a sharp decline in mutual fund investments?
Mutual fund holdings could have declined on account of rebalancing of portfolio or the change of investment approach. On the other hand, the increase in number of mutual fund schemes would mean that the stock has interesting in the stock .
6. Does Shipping Corporation of India declares dividends?
Yes, SCI is a dividend-paying stock, but the yield is low at 0.24%, which makes me believe that the company would be reinvesting in the profit so as to fuel their growth.
7. What are the risks of investing in SCI?
There are risks such as fluctuation in the markets due to market policy changes in the international business and the risks of economic slowdown to have a negative reaction on shipping demands.
Shipping Corporation of India has much growth potential in the upcoming decade. The potential prospects in Shipping Corporation Of India Share Price can even shoot up to ₹977 by 2030. Investors can expect significant returns with regard to the company’s strategic expansion of its present operations, support from institutions and favorable market. For investors interested in putting money into a major player in this industry, SCI presents an attractive opportunity.
