Shipping Corporation of India Land & Assets Ltd (SCILAL) is currently trading at 43.95 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Shipping Corporation of India Land and Assets Limited (SCILAL) is a public sector enterprise established to manage and dispose of non-core assets of the Shipping Corporation of India Limited (SCI). Following a demerger approved by the Ministry of Corporate Affairs in February 2023, SCILAL took control of SCI's non-core assets, which primarily include real estate properties. The demerger became effective on March 14, 2023, marking SCILAL's operational independence in managing these assets. In April 2023, SCILAL issued over 465 million equity shares to SCI shareholders, with shares subsequently listed on India's major stock exchanges. SCILAL's formation and initial public listing were strategic moves aligning with the Indian government's asset management and disinvestment strategies.

Over the past 52 weeks, Shipping Corporation of India Land & Assets Ltd has traded between a low of ₹41.50 and a high of ₹60.30. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Shipping Corporation of India Land & Assets Ltd has a market capitalization of approximately 2,013.65. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Shipping Corporation of India Land & Assets Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of -10.51 and operates in the Education sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 2,013.65 Cr, Shipping Corporation of India Land & Assets Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Shipping Corporation of India Land & Assets Ltd operates in the Education sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Shipping Corporation of India Land & Assets Ltd is -10.51. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.

The proposal to accelerate the monetization of real estate assets held by Central Public Sector Enterprises (CPSEs) through the creation of dedicated Real Estate Investment Trusts (REITs).