Shipping Corporation of India stock jumps another 16.5%, up 40% in 3 sessions. Here’s what triggered the rally

Shipping Corporation of India stock jumps another 16.5%, up 40% in 3 sessions. Here’s what triggered the rally

Shipping stocks continued their impressive rally for the second consecutive session on Friday, with Shipping Corporation of India (SCI), leading the charge with a 16.40% surge to hit a record high of ₹384.20 per share. In the previous trading day, the stock had hit the 20% upper circuit limit on positive developments. This recent rally …

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