Shahi Shipping (India) Today

Shahi Shipping is trading at 4.84 as of the 30th of July 2021. This is a -9.36 percent decrease since the beginning of the trading day. The stock's open price was 5.34. Equity ratings for Shahi Shipping Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 10th of August 2019 and ending today, the 30th of July 2021. Click here to learn more.
Shahi Shipping Limited cannot be verified against its exchange. Apparently, Shahi Shipping is not available for investing at the moment. Please verify the symbol is currently traded on Bombay Stock Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.

Shahi Shipping Stock Profile

Shahi Shipping Limited operates as a shipping company in India. Shahi Shipping Limited was founded in 1985 and is based in Navi Mumbai, India. Shahi Shipping operates under Marine Shipping classification in India and is traded on Bombay Stock Exchange. It employs 32 people.. The public information regarding Shahi Shipping Limited's current market price is not available at this time.
Shahi Shipping is not yet fully synchronised with the market data
Shahi Shipping has some characteristics of a very speculative penny stock
Shahi Shipping has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 91.53 M in total debt with debt to equity ratio (D/E) of 2.36, implying the company greatly relies on financing operations through barrowing. Shahi Shipping has a current ratio of 0.2, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
The entity reported the revenue of 84.69 M. Net Loss for the year was (19.35 M) with profit before overhead, payroll, taxes, and interest of 49.97 M.
About 74.0% of Shahi Shipping outstanding shares are owned by corporate insiders
Legal NameShahi Shipping Limited
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Shahi Shipping's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
Shahi Shipping Limited (SHAHISHIP) is traded on Bombay Stock Exchange in India and employs 32 people. The company currently falls under 'Micro-Cap' category with current market capitalization of 76.1 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Shahi Shipping's market, we take the total number of its shares issued and multiply it by Shahi Shipping's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Shahi Shipping operates under Industrials sector and is part of Marine Shipping industry. The entity has 14.49 M outstanding shares. Shahi Shipping Limited has accumulated about 552.18 K in cash with 16.4 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
Check Shahi Shipping Probability Of Bankruptcy

Shahi Stock Against Markets

Picking the right benchmark for Shahi Shipping stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Shahi Shipping stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Shahi Shipping is critical whether you are bullish or bearish towards Shahi Shipping Limited at a given time.
Shahi Shipping Limited cannot be verified against its exchange. Apparently, Shahi Shipping is not available for investing at the moment. Please verify the symbol is currently traded on Bombay Stock Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.

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One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Shahi Shipping stock to make a market-neutral strategy. Peer analysis of Shahi Shipping could also be used in its relative valuation, which is a method of valuing Shahi Shipping by comparing valuation metrics with similar companies.
Additionally, take a look at World Market Map. Note that the Shahi Shipping information on this page should be used as a complementary analysis to other Shahi Shipping's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Other Tools for Shahi Stock

When running Shahi Shipping price analysis, check to measure Shahi Shipping's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shahi Shipping is operating at the current time. Most of Shahi Shipping's value examination focuses on studying past and present price action to predict the probability of Shahi Shipping's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Shahi Shipping's price. Additionally, you may evaluate how the addition of Shahi Shipping to your portfolios can decrease your overall portfolio volatility.
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