SCILAL Share Price Target Tomorrow 2024 To 2030- Prediction, More Details

Shipping Corporation of India Ltd (SCI) is a leading public sector shipping company in India, established in 1961. It operates a diverse fleet of vessels, including oil tankers, bulk carriers, and container ships, playing a crucial role in India’s maritime trade. SCI is headquartered in Mumbai and has a significant presence in the shipping industry, providing services like cargo transportation and ship management. SCILAL Share Price on NSE as of 11 October 2024 is 67.70 INR. Here will provide you with more details on SCILAL Share Price Target 2024, 2025, 2026 to 2030.

Shipping Corprt of India Lnd and Ast Ltd: Market Overview

• Open Price: ₹68.39
• High Price: ₹70.10
• Low Price: ₹67.35
• Volume: 461,836
• Previous Close: ₹68.24
• UC Limit: ₹81.88
• LC Limit: ₹54.59
• VWAP: 67.90
• P/E ratio: 69.81
• Div yield: 0.97%
• 52-wk high: ₹108.55
• 52-wk low: ₹36.00
• Mkt cap: ₹3.15KCr
• Face Value: ₹10

SCILAL Share Price Chart

SCILAL Share Price Target Tomorrow 2024 To 2030

SCILAL Share Price Target 2024

SCILAL share price target 2024 Expected target could be ₹105. Here are three key factors that could affect the share price growth of Shipping Corporation of India Ltd (SCILAL) in 2024:

1. Global Trade Dynamics: Global trade volumes heavily influence the shipping industry. Any increase in international trade, especially in sectors like oil and bulk commodities, can boost demand for shipping services. If global trade improves in 2024, it could lead to higher revenues for SCILAL, positively impacting its share price.
2. Fleet Modernization and Expansion: SCILAL’s plans to modernize its fleet and expand its capacity can significantly influence its growth. Investing in newer, more efficient vessels can lower operational costs and improve service offerings. This potential for increased profitability can attract more investors, driving up the share price.

3. Regulatory and Environmental Factors: Compliance with international maritime regulations and environmental standards is critical. If SCILAL successfully adopts greener technologies and practices, its reputation and operational efficiency may be enhanced. Positive regulatory developments, such as incentives for sustainable shipping practices, could further support share price growth in 2024.

SCILAL Share Price Target 2025

SCILAL share price target 2025 Expected target could be ₹170. Here are three key factors that could affect the share price growth of Shipping Corporation of India Ltd (SCILAL) in 2025:

1. Economic Recovery and Demand for Shipping: The recovery of the global economy post-pandemic can significantly impact shipping demand. As economies rebound and trade activities increase, SCILAL stands to benefit from higher freight rates and shipping volumes, potentially boosting its share price in 2025.
2. Technological Advancements: The adoption of advanced technologies in logistics and shipping, such as automation and digital tracking systems, can enhance operational efficiency and reduce costs. If SCILAL invests in these innovations, it can improve its service delivery and profitability, making its shares more attractive to investors.

3. Geopolitical Stability: Geopolitical factors, including trade agreements, tariffs, and international relations, can influence shipping routes and operational costs. A stable geopolitical environment can foster increased trade, positively impacting SCILAL’s revenue and share price. Conversely, political tensions could disrupt operations and affect market confidence.

SCILAL Share Price Target 2030

SCILAL share price target 2030 Expected target could be ₹467. Here are three key factors that could affect the share price growth of Shipping Corporation of India Ltd (SCILAL) by 2030:

1. Sustainability and Environmental Regulations: As global emphasis on sustainability and stricter environmental regulations increase, SCILAL’s ability to adapt to these changes will be crucial. Investments in eco-friendly technologies and compliance with international ecological standards can enhance its reputation and operational efficiency, driving growth in share price.
2. Expansion into Emerging Markets: SCILAL’s strategic expansion into emerging markets can open new revenue streams. By tapping into growing economies and increasing demand for shipping services, the company can significantly boost its market presence and profitability, positively impacting its share price by 2030.

3. Global Supply Chain Dynamics: The evolution of global supply chains, influenced by factors such as technological advancements, trade policies, and geopolitical stability, will play a critical role in SCILAL’s growth. An agile response to these dynamics, including enhancing logistics and service offerings, can improve the company’s competitiveness and contribute to a rising share price in the long term.

Shareholding Pattern For Shipping Corprt of India Lnd and Ast Ltd

• Promoters: 63.8%
• FII: 4.6%
• DII: 8.7%
• Public: 23%

Shipping Corprt of India Lnd and Ast Ltd Financials

• Revenue: 172.20M
• Operating expense: 157.60M
• Net income: 474.90M
• Net profit margin: 275.78
• EBITDA: -224.90M
• Effective tax rate: 13.81%

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