ESSARSHPNG

Essar Shipping Share Price

₹40.98
-0.76 (-1.82%)
18 September, 2024 02:46 BSE: 533704 NSE: ESSARSHPNG ISIN: INE122M01019

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Essar Shipping Performance

Day Range

  • Low 41
  • High 42
₹ 40

52 Week Range

  • Low 14
  • High 72
₹ 40
  • Open Price42
  • Previous Close42
  • Volume180651

Essar Shipping Chart

  • Over 1 Month -7.77%
  • Over 3 Month -8.28%
  • Over 6 Month + 89.28%
  • Over 1 Year + 195.88%

Essar Shipping Key Statistics

P/E Ratio -4.7
PEG Ratio 0
Market Cap Cr
Price to Book Ratio -0.3
EPS -0.9
Dividend 0
Relative Strength Index 34.09
Money Flow Index 21.2
MACD Signal -1.92
Average True Range 2.45

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 20% 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 79 which is FAIR indicating the recent price performance, Buyer Demand at A which is evident from recent demand for the stock, Group Rank of 69 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 mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Essar Shipping Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 555521
Operating Expenses Qtr Cr 1077445
Operating Profit Qtr Cr -5-2-20-1-4
Depreciation Qtr Cr 000000
Interest Qtr Cr 25386031
Tax Qtr Cr 000-10-1
Net Profit Qtr Cr 145-105-9340417
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 5039
Operating Expenses Annual Cr 2217
Operating Profit Annual in Cr -7-13
Depreciation Cr 10
Interest Annual Cr 4795
Tax Annual Cr -1-26
Net Profit Annual Cr -701,693
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr -7084
Cash from Investing Activity Annual Cr 8013
Cash from Financing Annual Activity Cr -6-104
Net Cash Flow Annual Cr 4-7
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr -1,674-1,603
Fixed Assets Annual Cr 34
Total Non Current Assets Annual Cr 345
Total Current Assets Annual Cr 323337
Total Assets Annual Cr 326382
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs -81-77
ROE Annual % 0-106
ROCE Annual % -3-2
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 176671
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 33341115
Operating Expenses Qtr Cr 1134192585
Operating Profit Qtr Cr -9-32-17-21310
Depreciation Qtr Cr 001111114
Interest Qtr Cr 2945161011-44
Tax Qtr Cr 000-10-1
Net Profit Qtr Cr -35-64-44-3626365
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 83165
Operating Expenses Annual Cr 8728
Operating Profit Annual in Cr -6732
Depreciation Cr 3241
Interest Annual Cr 81132
Tax Annual Cr -1-26
Net Profit Annual Cr -1181,650
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr -47514
Cash from Investing Activity Annual Cr 5790
Cash from Financing Annual Activity Cr -71-969
Net Cash Flow Annual Cr -60-365
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr -2,807-2,742
Fixed Assets Annual Cr 2658
Total Non Current Assets Annual Cr 2699
Total Current Assets Annual Cr 885948
Total Assets Annual Cr 9111,047
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs -129-127
ROE Annual % 0-60
ROCE Annual % 2-4
Total Debt to Total Equity Annual --
EBDIT Annual Margin % -23224

Essar Shipping Technicals

EMA & SMA

Current Price
₹40.98
-0.76 (-1.82%)
pointer
  • Bullish Moving Average
  • ___
  • 3
  • Bearish Moving Average
  • ___
  • 13
  • 20 Day
  • ₹44.53
  • 50 Day
  • ₹46.34
  • 100 Day
  • ₹43.53
  • 200 Day
  • ₹36.84
  • 20 Day
  • ₹45.00
  • 50 Day
  • ₹50.53
  • 100 Day
  • ₹43.76
  • 200 Day
  • ₹35.92

Essar Shipping Resistance and Support

PIVOT
₹41.4
Resistance
First Resistance 41.99
Second Resistance 42.99
Third Resistance 43.59
RSI 34.09
MFI 21.20
MACD Single Line -1.92
MACD -2.04
Support
First Support 40.39
Second Support 39.79
Third Supoort 38.79

Essar Shipping Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 217,151 21,715,100 100
Week 189,773 18,977,280 100
1 Month 255,186 25,518,645 100
6 Month 1,362,154 73,501,812 53.96

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 864
Sales 18
Shares in Float 5.38
No of funds 174
Yield
Book Value 0.85
U/D Vol ratio 1.6
LTDebt / Equity
Alpha 0.37
Beta 1.41

Essar Shipping Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-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

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

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 MF Shareholding

Name Amount(cr)

Essar Shipping FAQs

What is Share Price of Essar Shipping ?

Essar Shipping share price is ₹40 As on 18 September, 2024 | 02:32

What is the Market Cap of Essar Shipping ?

The Market Cap of Essar Shipping is ₹848.2 Cr As on 18 September, 2024 | 02:32

What is the P/E ratio of Essar Shipping ?

The P/E ratio of Essar Shipping is -4.7 As on 18 September, 2024 | 02:32

What is the PB ratio of Essar Shipping ?

The PB ratio of Essar Shipping is -0.3 As on 18 September, 2024 | 02:32

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