Seacoast Shipping Services surged 4.40% to Rs 3.56 after the company signed contract with Dubai’s Maria Shipping for providing shipping and logistic services in the region.

Seacoast Shipping gains on signing contract with Dubai firm

The Board of Directors has recommended increase authorized share capital of the company.

Seacoast Shipping Services board approves 1:1 rights issue; Stock up 5%

In another transaction, Nomura Singapore acquired 50 lakh shares of Seacoast Shipping Services at Rs 19.71 apiece, bulk deal data published by BSE showed. The stock ended up by 8 per cent on the exchange.

NSE-BSE bulk deals: Nomura acquires stake in Seacoast Shipping Services

Due to the Containers shortage Global crisis, Break-bulk Shipments orders have drastically increased globally.

Seacoast Shipping Services update on bulk cargo shipment business

Seacoast Shipping Services hit an upper circuit limit of 10% at Rs 179.35 after the company said its board will consider sub-division of equity shares on 24 November 2021.

Seacoast Shipping spurts as board to mull stock split

The company has reported revenue of Rs7201.05 Lakhs compared to Rs6056.45 Lakhs in the previous quarter ended June 30, 2021.

Seacoast Shipping Services soars 5% after net profit up at Rs587.90 Lakhs in Q2FY22

Seacoast Shipping Services standalone net profit rises 473.79% in the September 2021 quarter

Seacoast Shipping Services standalone net profit rises 7400.00% in the March 2021 quarter

The Financial News section features stock market news in addition to stories about bonds, forex, commodities and economic releases.

BRIEF-Seacoast Shipping Services Approves Fund Raising Of Amount Not Exceeding 350 Mln Rupees - Investing.com India

BRIEF-Seacoast Shipping Services To Consider Rights Issue Of Equity Shares - Investing.com India

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Seacoast Shipping Services Ltd, formerly Mahaan Impex Ltd is an India-based company. The Company’s principal business activity is wholesale trading of textile and logistics. The Company focuses to carry on the business of export, import, buying, selling and producing all kinds of textile business. It focuses on textile business, including formulation of jute, jute goods, jute cuttings, jute rejections, cotton, cotton textiles, yarn, wool, silk, handicrafts, flax, rayon, nylon and other fibrous materials and man-made fibers.