Essar Shipping Ltd

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NSEBSE

25.85-1.25 (-4.61%)

03:42 PM,4th Mar 2024

25.87-1.26 (-4.64%)

04:01 PM,4th Mar 2024

BSE : 533704

NSE : ESSARSHPNG

Sector : Infrastructure

ISIN Code : INE122M01019

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Last Updated: Mar 04 2024 | 04:01 PM IST

Market Cap (₹ Cr)

535

Turnover (₹ Cr)

0.23

Volume (Shares)

873560

Face Value

10

52-WK High

38.95

52-WK High Date

20 Dec 2023

52-WK Low

7.60

52-WK Low Date

28 Mar 2023

All Time High

40.00

All Time High Date

15 Nov 2011

All Time Low

4.55

All Time Low Date

25 Mar 2020

Essar Shipping Ltd

Essar Shipping Ltd is a part of the multinational conglomerate Essar Group. The company is an integrated logistics solution provider with investments in logistics services sea transportation and oilfield drilling services. The company's integrated business model provides end-to-end logistics shipping and oilfield services to its customers in a very cost-effective manner.The company has a diversified fleet of 26 vessels including VLCCs Capesizes Supramaxes mini bulk carriers and tugs. The Oilfields Services business provides contract drilling services to oil & gas companies across the globe. This business owns one semi-submersible rig and 12 land rigs. The Logistics business provides end-to-end logistics services - from ships to ports lighterage services to plants intra-plant logistics and dispatching finished products to the final customer. This business owns transshipment assets to provide lighterage support services and onshore & offshore logistics services. The subsidiaries companies are Essar Logistics Ltd Essar Oilfields Services Ltd Essar Oilfield Services (India) Ltd Energy Transportation International Ltd and Energy II Ltd.Essar Shipping Ltd was incorporated on April 16 2010 with the name of Essar Ports & Terminals Ltd in the State of Gujarat. The company received the certificate of commencement of business on June 1 2010. The main object of the company on incorporation was to carry on the business inter alia of providing ports and terminals services. In August 25 2010 the main objects of the company were expanded to inter alia provide shipping & logistics and oilfields services business. The name of the company was changed from Essar Ports & Terminals Ltd to Essar Shipping Ltd with effect from September 7 2010.The Hon'ble High Court of Gujarat at Ahmedabad vide order dated March 1 2011 approved the composite scheme of arrangement (scheme) between Essar Shipping Ports & Logistics Ltd (ESPLL) Essar Ports & Terminals Ltd (EPTL) Mauritius Essar International Ltd (EIL) Mauritius and Essar Shipping Ltd (ESL). The scheme provided for the merger of EPTL and EIL with ESPLL and the demerger of the Shipping & Logistics Business and the Oilfields Services Business into ESL.Pursuant to the scheme all the assets and liabilities pertaining to the Shipping & Logistics Business and the Oilfields Services Business stood transferred to and become vested in Essar Shipping Ltd with effect from October 1 2010. Upon the scheme becoming effective the company ceased to be a subsidiary of Essar Shipping Ports & Logistics Ltd with effect from October 1 2010. In July 27 2011 the company acquired a 152065 DWT cape see dry bulk carrier.The company has placed orders for 12 new ships which are expected to join the fleet over the next 24 months. A sizeable part of the capacity is deployed on long-term contracts and COAs insulating the company from the volatility of spot markets. The company has ordered two new jack-up rigs which will be joining the fleet over the next 18 months.

Essar Shipping Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

535

EPS - TTM (₹) [S]

0.75

P/E Ratio (X) [S]

-0.34

Face Value (₹) 10
Latest Dividend (%)-
Latest Dividend Date -
Dividend Yield (%) -
Book Value Share (₹) [S]-75.39
P/B Ratio (₹) [S]-0.34
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

25.75

28.45

Week Low/High

25.75

30.00

Month Low/High

25.50

33.00

Year Low/High

7.60

39.00

All time Low/High

4.60

40.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-11.14%-11.17%1.491.28%
1 Month-16.10%-16.61%2.482.52%
3 Month23.33%24.28%7.278.31%
6 Month87.45%88.00%12.5614.73%
1 Year166.49%165.13%23.5127.35%
3 Year162.44%167.88%45.2948.57%

Company Info

Company Information

Independent Director : Jayakumar Rajaram

Company Sec. & Compli. Officer : Nisha Barnwal

Registered Office: EBTSL PremisesER-2 Bldg Salaya, 44KM 7 Tal Khambhalia Devbhumi,Jamnagar,Gujarat-361305 Ph:

Email:esl.secretarial@essar.com

URL:http://www.essar.com