Shipping Stocks In India – Top Shipping Stocks in India

The table below shows the Top Shipping Stocks in India based on the Highest Market Capitalization.

Shipping stocks represent investments in companies engaged in maritime transportation of goods and commodities. These stocks are affected by factors like global trade, vessel supply and demand, and shipping rates.

Shipping Stocks

The table below shows the Shipping Stocks based on 1 Year Return. 

Top Shipping Stocks in India

The table below shows the Top Shipping Stocks in India based on 1 Month Return.

Ship Building Stocks In India

The table below shows Ship Building Stocks In India based on the Highest Daily Volume.

Best Shipping Stocks In India

The table below shows the Best Shipping Stocks In India based on the PE Ratio. 

Looking for the Best Stocks in different sectors? Check out the following articles:

Shipping Stocks In India – FAQs  

1. What are the best shipping company stocks?

• Best Shipping Company Stocks #1: Essar Shipping Ltd
• Best Shipping Company Stocks #2: Seamec Ltd
• Best Shipping Company Stocks #3: Global Offshore Services Ltd
• Best Shipping Company Stocks #4: Shipping Corporation of India Ltd
• Best Shipping Company Stocks #5: Chowgule Steamships Ltd

The stocks mentioned are ranked according to their one-year performance.

2. What are the Top Shipping Stocks in India?

Over the past month, the top-performing stocks have been Essar Shipping Ltd, Dredging Corporation of India Ltd, Global Offshore Services Ltd, Shipping Corporation of India Ltd, and Hariyana Ship Breakers Ltd.

3. Are shipping stocks a good investment?

Shipping stocks can be profitable due to their cyclical nature, influenced by global trade and economic conditions. However, they come with high volatility and risk. Investors should carefully assess market conditions, individual company performance, and their risk tolerance before considering shipping stocks as an investment.

4. Are shipping stocks risky?

Yes, shipping stocks are considered risky investments. Global economic conditions, supply and demand imbalances, and fluctuating freight rates influence them. Additionally, regulatory changes and geopolitical events can impact the industry, making shipping stocks volatile and risky for investors.

5. What is the future of shipping?

The future of shipping is likely to be shaped by sustainability and automation trends. There will be a greater emphasis on eco-friendly technologies, such as cleaner fuels and electric vessels, to reduce emissions.

Introduction to Shipping Stocks In India

Shipping Stocks In India – Top Shipping Stocks in India – Highest Market Capitalization

Great Eastern Shipping Company Ltd 

The Market Cap of Great Eastern Shipping Company Ltd is Rs. 19,621.92 crores. The stock’s monthly return is -1.39%. Its one-year return is 67.49%. The stock is 20.98% away from its 52-week high.

The Great Eastern Shipping Company Ltd., an Indian private sector shipping firm, specializes in transporting crude oil, petroleum products, gas, and dry bulk goods. Serving diverse clientele, including oil companies, refineries, manufacturers, miners, and more, the company operates a fleet of vessels like JAG LOK, JAG LALIT, JAG LEENA, and others in various categories: crude oil carriers, product carriers, LPG carriers, and Dry Bulk Carriers.  Over the past month, the company achieved a remarkable 10.27% return.

Shipping Corporation of India Ltd 

The Market Cap of Shipping Corporation of India Ltd is Rs. 12,758.23 crores. The stock’s monthly return is -3.02%. Its one-year return is 117.90%. The stock is 39.94% away from its 52-week high.

Shipping Corporation of India Limited, an Indian shipping firm, operates in goods and passenger transportation. It has segments such as Liner, Bulk Carrier, Tanker, and Technical and offshore, encompassing various vessel types and services. With a diverse fleet, it provides tanker, bulk carrier, container, offshore, breakbulk, coastal & passenger services, chartering, and more. They own various vessel types, including bulk carriers, crude oil tankers, container vessels, LPG carriers, and offshore supply vessels, offering comprehensive services. Additionally, the company has achieved a remarkable one-month return of 15.40%.

Seamec Ltd 

The Market Cap of Seamec Ltd is Rs. 3,811.97 crores. The stock’s monthly return is -4.96%. Its one-year return is 142.37%. The stock is 7.00% away from its 52-week high.

Seamec Limited offers oilfield and diving support vessel (DSV) services globally and in India. Their operations encompass multi-support vessels for marine, construction, and diving support in offshore oilfields. They also engage in tunnel construction and bulk carrier services, with a fleet including SEAMEC II, SEAMEC III, SEAMEC PRINCESS, SEAMEC PALADIN, SUBTECH SWORDFISH, and SEAMEC GLORIOUS (an accommodation barge). The company is involved in bulk carrier transportation for various dry-bulk materials and owns ASIAN PEARL.

Shipping Stocks – 1 Year Return

Essar Shipping Ltd

The Market Cap of Essar Shipping Ltd is Rs. 1,027.43 crores. The stock’s monthly return is -17.52%. Its one-year return is 214.44%. The stock is 50.67% away from its 52-week high.

Essar Shipping Limited, an India-based integrated logistics company, operates in sea transportation, logistics, and oilfield services. Its segments include fleet operating and chartering, with international and coastal voyages covering regions like India, UAE, UK, and more. The company also invests in fleet operations (tankers, dry bulkers), oilfield services (land rigs, semi-submersible rigs), and logistics (trucks, trailers). Additionally, it provides services to Arkay Logistics and Essar Bulk Terminal. Subsidiaries include OGD Services, Energy II, and Essar Shipping DMCC.

Global Offshore Services Ltd

The Market Cap of Global Offshore Services Ltd is Rs. 246.75 crores. The stock’s monthly return is 25.40%. Its one-year return is 123.60%. The stock is 14.38% away from its 52-week high.

Global Offshore Services Limited, an India-based firm, specializes in chartering offshore support vessels. It supports exploration and production companies, aiding oil and gas projects, including personnel transport, cargo delivery, anchor handling, rig towing, and underwater construction assistance. The company’s Platform Supply Vessels (PSVs) serve India and West Africa, while their anchor-handling tug and supply vessels (AHTSVs) are active in India. Subsidiaries include Garware Offshore International Services Pte. Ltd. and Global Offshore Services B.V. With a one-year return of 123.01%, it showcases impressive growth.

Chowgule Steamships Ltd 

The Market Cap of Chowgule Steamships Ltd is Rs. 103.48 crores. The stock’s monthly return is -14.85%. Its one-year return is 99.13%. The stock is 22.31% away from its 52-week high.

Chowgule Steamships Limited is an Indian shipping company that owns and operates a fleet of vessels for transporting bulk cargo by sea. The company primarily focuses on the carriage of goods across oceans and actively seeks opportunities to acquire new vessels. It operates through its wholly owned subsidiary, Chowgule Steamships Overseas Limited.

Top Shipping Stocks in India – 1 Month Return

Arvind and Company Shipping Agencies Ltd

The Market Cap of Arvind and Company Shipping Agencies Ltd is Rs. 74.65 crores. The stock’s monthly return is -13.15%. Its one-year return is -22.42%. The stock is 52.01% away from its 52-week high.

We excel in business operations, offering reliable services with a trusted reputation. Our extensive fleet includes marine vessels such as cargo bars, flat-top bars, crane-mounted bars, and various equipment for cargo handling, port construction, and maintenance. Additionally, our group of companies provides a wide range of machinery, including Cranes, Backhoes, Loaders, and more for various industrial tasks.

Shreyas Shipping and Logistics Ltd 

The Market Cap of Shreyas Shipping and Logistics Ltd is Rs. 766.65 crores. The stock’s monthly return is -15.69%. Its one-year return is 0.50%. The stock is 47.74% away from its 52-week high.

Shreyas Shipping and Logistics Ltd., an India-based vessel ownership company, primarily operates vessels on time charter, focusing on the shipping segment. Their services encompass sea and coastal freight water transport, serving both domestic and international markets. Their fleet includes SSL Thamirabarani, SSL Kaveri, SSL Godavari, SSL Gujarat, SSL Krishna, SSL Visakhapatnam, SSL Mumbai, SSL Delhi, SSL Sabarimalai, SSL Brahmaputra, SSL Bharat, along with dry bulk carriers TBC Kailash and TBC Badrinath.

Hariyana Ship Breakers Ltd 

The Market Cap of Hariyana Ship Breakers Ltd is Rs. 93.86 crores. The stock’s monthly return is -17.44%. Its one-year return is 85.88%. The stock is 61.04% away from its 52-week high.

Hariyana Group, a pioneer in India’s Ship Recycling industry, operates in Alang, Asia’s largest Ship Recycling Yard. Their diverse business portfolio includes Ship Recycling, Steel Manufacturing, Steel Trading, and Real Estate Development, creating synergies that benefit stakeholders. With a remarkable 68.21% one-year return, Hariyana Group has set high standards in the Ship Recycling industry over three decades. Hariyana Ship Breakers Ltd is the sole listed and dividend-paying company in the industry on the Bombay Stock Exchange (B.S.E.) for more than eight years.

Ship Building Stocks In India – Highest Day Volume

Seacoast Shipping Services Ltd 

The Market Cap of Seacoast Shipping Services Ltd is Rs. 320.51 crores. The stock’s monthly return is -7.83%. Its one-year return is 95.67%. The stock is 18.51% away from its 52-week high.

Seacoast Shipping Services Limited, an India-based company, specializes in comprehensive logistics solutions for exporters and importers, with a strong focus on dry bulk and container freight forwarding and inland road logistics. They provide one-stop global transport solutions for dry bulk cargoes. The company primarily operates in ship hiring and managing, offering services like ship chartering, coastal trade, freight forwarding, warehousing, FMCG product transportation, and mining services.

Dredging Corporation of India Ltd

The Market Cap of Dredging Corporation of India Ltd is Rs. 2,619.12 crores. The stock’s monthly return is -27.81%. Its one-year return is 69.24%. The stock is 65.23% away from its 52-week high.

Dredging Corporation of India Limited (DCI) is an Indian company specializing in dredging services for major Indian ports. They offer capital and maintenance dredging, beach nourishment, land reclamation, and project management. With a fleet of modern vessels, including cutter and trailer suction dredgers, DCI provides essential dredging and allied services for national development. Additionally, DCI has achieved a one-month return of 24.08%.

Shreyas Shipping and Logistics Ltd 

The Market Cap of Shreyas Shipping and Logistics Ltd is Rs. 766.65 crores. The stock’s monthly return is -15.69%. Its one-year return is 0.50%. The stock is 47.74% away from its 52-week high.

Shreyas Shipping and Logistics Ltd., an India-based vessel ownership company, primarily operates vessels on time charter, focusing on the shipping segment. Their services encompass sea and coastal freight water transport, serving both domestic and international markets. Their fleet includes SSL Thamirabarani, SSL Kaveri, SSL Godavari, SSL Gujarat, SSL Krishna, SSL Visakhapatnam, SSL Mumbai, SSL Delhi, SSL Sabarimalai, SSL Brahmaputra, SSL Bharat, along with dry bulk carriers TBC Kailash and TBC Badrinath.

Best Shipping Stocks In India – PE Ratio

Shreyas Shipping and Logistics Ltd 

The Market Cap of Shreyas Shipping and Logistics Ltd is Rs. 766.65 crores. The stock’s monthly return is -15.69%. Its one-year return is 0.50%. The stock is 47.74% away from its 52-week high.

Shreyas Shipping and Logistics Ltd., an India-based vessel ownership company, primarily operates vessels on time charter, focusing on the shipping segment. Their services encompass sea and coastal freight water transport, serving both domestic and international markets. Their fleet includes SSL Thamirabarani, SSL Kaveri, SSL Godavari, SSL Gujarat, SSL Krishna, SSL Visakhapatnam, SSL Mumbai, SSL Delhi, SSL Sabarimalai, SSL Brahmaputra, SSL Bharat, along with dry bulk carriers TBC Kailash and TBC Badrinath.

Essar Shipping Ltd

The Market Cap of Essar Shipping Ltd is Rs. 1,027.43 crores. The stock’s monthly return is -17.52%. Its one-year return is 214.44%. The stock is 50.67% away from its 52-week high.

Essar Shipping Limited, an India-based integrated logistics company, operates in sea transportation, logistics, and oilfield services. Its segments include fleet operating and chartering, with international and coastal voyages covering regions like India, UAE, UK, and more. The company also invests in fleet operations (tankers, dry bulkers), oilfield services (land rigs, semi-submersible rigs), and logistics (trucks, trailers). Additionally, it provides services to Arkay Logistics and Essar Bulk Terminal. Subsidiaries include OGD Services, Energy II, and Essar Shipping DMCC.

Great Eastern Shipping Company Ltd 

The Market Cap of Great Eastern Shipping Company Ltd is Rs. 19,621.92 crores. The stock’s monthly return is -1.39%. Its one-year return is 67.49%. The stock is 20.98% away from its 52-week high.

The Great Eastern Shipping Company Ltd., an Indian private sector shipping firm, specializes in transporting crude oil, petroleum products, gas, and dry bulk goods. Serving diverse clientele, including oil companies, refineries, manufacturers, miners, and more, the company operates a fleet of vessels like JAG LOK, JAG LALIT, JAG LEENA, and others in various categories: crude oil carriers, product carriers, LPG carriers, and Dry Bulk Carriers.  Over the past month, the company achieved a remarkable 10.27% return.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory