Shipping Corporation of India shares surged up to 14% after the PSU posted a sharp 440% jump in Q3FY26 net profit, driven by strong tanker and bulk carrier performance. Revenue rose over 22%, while the board announced a second interim dividend. The company also moved ahead with plans to acquire new gas carriers, reinforcing long-term capacity expansion.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets