Shipping Corporation of India (SCI) shares surged over 5% in early trading today, hitting a high of ₹264.50, hitting a new 52-week peak.

The stock opened at ₹248.00, up from the previous close of ₹250.00, and traded in a range of ₹247.12 to ₹264.50. Market participants showed strong interest with over 1.69 crore shares changing hands as of 11:53 AM.

Shipping Corporation of India shares were up 5.81% at ₹264.53 apiece around 11:54 am. It has rallied 25.06% this year, so far.

Investors are closely watching SCI for further momentum, as the stock approaches its record highs from the past year.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

TOPICS: Shipping Corporation of India