Essar Shipping Share Price
Start SIP in Essar Shipping
Start SIPEssar Shipping Performance
Day Range
- Low 43
- High 45
52 Week Range
- Low 13
- High 72
- Open Price45
- Previous Close45
- Volume211075
Essar Shipping Investment Rating
-
Master Rating:
-
Essar Shipping has an operating revenue of Rs. 11.89 Cr. on a trailing 12-month basis. An annual revenue de-growth of -50% needs improvement, Pre-tax margin of -519% needs improvement, NULL The stock from a technical standpoint is trading below to its 50DMA and around 27% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 5 which is a POOR score indicating inconsistency in earnings, a RS Rating of 89 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at A which is evident from recent demand for the stock, Group Rank of 88 indicates it belongs to a poor industry group of Transportation-Ship and a Master Score of D is close to being the worst. Institutional holding has remained stable in the last reported quarter. Overall, the stock has some relative strength and buyer demand but we want to see further fundamental performance to qualify as a growth stock.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 5 | 5 | 5 | 5 | 2 | 1 |
| Operating Expenses Qtr Cr | 10 | 7 | 7 | 4 | 4 | 5 |
| Operating Profit Qtr Cr | -5 | -2 | -2 | 0 | -1 | -4 |
| Depreciation Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Qtr Cr | 25 | 38 | 6 | 0 | 3 | 1 |
| Tax Qtr Cr | 0 | 0 | 0 | -1 | 0 | -1 |
| Net Profit Qtr Cr | 145 | -105 | -9 | 3 | 40 | 417 |
Essar Shipping Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 5
- Bearish Moving Average
- ___
- 11
- 20 Day
- ₹46.80
- 50 Day
- ₹47.63
- 100 Day
- ₹43.70
- 200 Day
- ₹36.44
- 20 Day
- ₹46.35
- 50 Day
- ₹51.77
- 100 Day
- ₹42.89
- 200 Day
- ₹35.02
Essar Shipping Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 45.38 |
| Second Resistance | 46.46 |
| Third Resistance | 47.62 |
| RSI | 38.50 |
| MFI | 34.97 |
| MACD Single Line | -1.70 |
| MACD | -1.83 |
| Support | |
|---|---|
| First Support | 43.14 |
| Second Support | 41.98 |
| Third Supoort | 40.90 |
Essar Shipping Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 262,501 | 26,250,100 | 100 |
| Week | 178,905 | 17,890,480 | 100 |
| 1 Month | 267,408 | 26,740,810 | 100 |
| 6 Month | 1,381,199 | 74,239,464 | 53.75 |
Essar Shipping Result Highlights
Essar Shipping Synopsis
NSE-Transportation-Ship
Essar Shipping belongs to the Industry of Shipping. Company’s Total Operating Revenue is Rs. 3.33 Cr. and Equity Capital is Rs. 206.98 Cr. for the Year ended 31/03/2023. Essar Shipping Ltd. is a Public Limited Listed company incorporated on 16/04/2010 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L61200GJ2010PLC060285 and registration number is 060285.| Market Cap | 917 |
| Sales | 18 |
| Shares in Float | 5.38 |
| No of funds | 174 |
| Yield |
| Book Value | 0.85 |
| U/D Vol ratio | 2 |
| LTDebt / Equity | |
| Alpha | 0.4 |
| Beta | 1.43 |
Essar Shipping Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
|---|---|---|---|---|
| Promoters | 73.75% | 73.75% | 73.75% | 73.75% |
| Mutual Funds | 0.01% | 0.01% | 0.01% | 0.01% |
| Insurance Companies | ||||
| Foreign Portfolio Investors | 0.01% | 0.04% | 0.01% | |
| Financial Institutions/ Banks | 0.01% | 0.01% | 0.01% | 0.01% |
| Individual Investors | 20.35% | 20.12% | 19.23% | 18.62% |
| Others | 5.87% | 6.07% | 6.99% | 7.61% |
Essar Shipping Management
| Name | Designation |
|---|---|
| Mr. R Suresh | Chairman & Ind.Dire (Non-Exe) |
| Mr. Rajesh Desai | Executive Director |
| Ms. Raichel Mathew | Non Executive Director |
| Ms. Raji Chandrashekar | Ind. Non-Executive Director |
| Mr. Sunil Modak | Ind. Non-Executive Director |
| Mr. R Jayakumar | Ind. Non-Executive Director |
Essar Shipping Forecast
Price Estimates
Essar Shipping Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-08-08 | Quarterly Results | |
| 2024-06-08 | To consider raising of funds | Inter alia, to consider : 1. Proposal for raising funds or conversion of loan by way of issue of one or more instruments including convertible or Non-Convertible securities of any description. |
| 2024-05-28 | Audited Results | |
| 2024-02-08 | Quarterly Results | |
| 2023-12-13 | Others | General Purpose |
Essar Shipping FAQs
What is Share Price of Essar Shipping ?
Essar Shipping share price is ₹44 As on 08 September, 2024 | 09:11
What is the Market Cap of Essar Shipping ?
The Market Cap of Essar Shipping is ₹917.1 Cr As on 08 September, 2024 | 09:11
What is the P/E ratio of Essar Shipping ?
The P/E ratio of Essar Shipping is -5.1 As on 08 September, 2024 | 09:11
What is the PB ratio of Essar Shipping ?
The PB ratio of Essar Shipping is -0.3 As on 08 September, 2024 | 09:11