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LTP
-5.20 (-2.13%)
Volume
45,500
Market Cap
₹599 Cr
52W Low
₹190.00
52W High
₹425.00
LTP
5.20 (4.99%)
Volume
31,500
Market Cap
₹127 Cr
52W Low
₹38.05
52W High
₹152.80
LTP
-1.58 (-4.98%)
Volume
25,560
Market Cap
₹115 Cr
52W Low
₹13.50
52W High
₹36.51
LTP
0.00 (0.00%)
Volume
55,727
Market Cap
₹711 Cr
52W Low
₹14.25
52W High
₹71.54
LTP
0.00 (0.00%)
Volume
14,333
Market Cap
₹268 Cr
52W Low
₹0.00
52W High
₹8.40
LTP
4.05 (0.31%)
Volume
3,71,930
Market Cap
₹18,380 Cr
52W Low
₹727.50
52W High
₹1,543.70
LTP
0.00 (0.00%)
Volume
2,24,824
Market Cap
₹25 Cr
52W Low
₹0.00
52W High
₹0.90
LTP
5.75 (3.59%)
Volume
7,800
Market Cap
₹230 Cr
52W Low
₹135.00
52W High
₹274.00
LTP
-0.43 (-4.98%)
Volume
50
Market Cap
₹0 Cr
52W Low
₹0.00
52W High
₹8.20
LTP
0.12 (2.91%)
Volume
20,63,403
Market Cap
₹222 Cr
52W Low
₹2.53
52W High
₹7.49
LTP
1.13 (4.92%)
Volume
14,074
Market Cap
₹33 Cr
52W Low
₹5.31
52W High
₹29.03
LTP
-0.90 (-0.41%)
Volume
15,74,243
Market Cap
₹10,120 Cr
52W Low
₹130.75
52W High
₹384.20
LTP
18.80 (5.22%)
Volume
73,129
Market Cap
₹792 Cr
52W Low
₹230.20
52W High
₹439.90
LTP
0.00 (0.00%)
Volume
3,26,275
Market Cap
₹146 Cr
52W Low
₹0.00
52W High
₹9.85
With ₹0 brokerage for first 30 days*
The shipping sector, the global transportation network for goods, silently powers international trade. Its impact goes beyond ports and vessels, influencing numerous industries:
Industry reports paint a promising picture. The Ministry of Shipping anticipates that cargo handled will increase from 1,650 MTPA to 2,500 MTPA, i.e., increase at a CAGR of 8.67%. APSEZ (Adani Ports and Special Economic Zone) will become the world’s largest private port services company by 2030 and carbon neutral by 2025.
Several factors fuel this optimism:
However, there are challenges that need to be overcome:
Overall, the Indian shipping sector’s future hinges on addressing its challenges while capitalising on its growth drivers. Embracing technological advancements, fostering skilled manpower, and streamlining infrastructure will be key to unlocking its true potential and navigating towards a prosperous future.
Investing in shipping sector stocks via Angel One is easy. Simply follow these steps:
If you don’t have a Demat account with Angel One, you can open one for free online within minutes.
Shipping sector stocks represent companies involved in the manufacturing and distributing ships used across various industries such as travel, goods transport, defence, etc.
GE Shipping Company, Shipping Corporation of India, SEAMEC, etc., are some of India’s biggest shipping sector companies with publicly traded stocks.
You may assess stocks based on financial health through metrics like profitability, debt-to-equity ratio, and operational efficiency.
Shipping in India is expected to grow because of India’s growing trade and the fact that 95% of India’s merchandise trade goes via ports. Hence, you may consider investing in stocks of a growing sector.
Shipping Corporation of India is the best shipping sector company with a 5-year CAGR of nearly 55.87% as of February 5, 2024. As such, the top shipping sector stock can be selected based on various factors like cash richness, market size, growth rate, etc. Do your own research before deciding which stock is the best for your investment strategy.
₹0 brokerage for
first 30 days*