The stock slumped 4.92 per cent to end the day at Rs 70.60 on BSE. It tumbled 9.15 per cent during the day.
On NSE, it came down 4.57 per cent to settle at Rs 70.90.
On the volume front, 4.74 lakh shares changed hands on BSE and over 22 lakh on NSE.
The PSU had posted a net profit of Rs 203.8 crore for the quarter ended June 2015.
Shipping Corporation of India was established on October 2, 1961, through amalgamation of Eastern Shipping Corporation and Western Shipping Corporation.
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