NIFTY 23907.25 BANK 51135.40

Essar Shipping Limited
Share Price Target & Analysis

NSE:ESSARSHPNG

41.86

VWAP

40.7

Open

39.96

Close

41.95

High

40.7

Low

71.54

52 Week High

41.95 ⇧
1.99 (4.98%)

ESSARSHPNG

(SERVICES)
46.7% Momentum

Turnaround Potential

16

52 Week Low

8.08

EPS

9.1

PE

N/A

PB

Superior
Quality

Iron
Valuation

#Analysis

NSE: ESSARSHPNG Share Price Financial Analysis & Valuation

Essar Shipping Limited (ESSARSHPNG) is broadly categorized in SERVICES segment industry which deals in Shipping vertical. It is one of Micro Cap company with Market Capitalization of Rs 199.5 (in Cr). Total number of free float shares are 20.7 (in Lacs). Essar Shipping Limited is listed on NSE with Exchange ID - INE122M01019 and trading code is NSE:ESSARSHPNG with short name Essar Shipping.

In the past 1 year, Essar Shipping Limited has declared an equity dividend of Rs 0 per share. At the current share price of ESSARSHPNG at Rs 41.95, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:ESSARSHPNG, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine ESSARSHPNG underlying value and future prospects. All of this data is available in ESSARSHPNG financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:ESSARSHPNG, it is clearly understood that ESSARSHPNG is Superior performer in terms of earnings and profit margins with an EPS of 8.08.

Valuation of the Stock: The current valuation of ESSARSHPNG stock is like Iron which means currently the stock is Inexpensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of ESSARSHPNG whether to BUY this stock at current valuation.

Now, the main question is whether to BUY or SELL, NSE:ESSARSHPNG at current valuation.
As per latest Analysis No. #11785:-

⇑ STRONG BUY ESSARSHPNG if All Greens

⇗ BUY ESSARSHPNG (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD ESSARSHPNG (With Stop Loss) if only 1 Green

⇘ SELL ESSARSHPNG if NO Green Indicator

NSE: ESSARSHPNG Share Price Today (Nov 23, 2024)

(Essar Shipping Limited Daily Analysis on the basis of ESSARSHPNG Intraday Graph & Trend)

Essar Shipping Limited share price moved Up by 4.98% from its previous close of Rs 39.96. ESSARSHPNG stock last traded price is 41.95. ESSARSHPNG share price trend is Up with a total of 189020 stocks traded till now. It has touched an intraday high of Rs 41.95 and an intraday low of Rs 40.7. The ESSARSHPNG trading at 41.95, Up by Rs. 1.99, or 4.98 percent which suggests that most of the Traders are anticipating that the price of ESSARSHPNG share should go Up.

NSE: ESSARSHPNG Share Price Tomorrow Prediction

(Essar Shipping Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of ESSARSHPNG)

Essar Shipping Limited share price moved Up by 4.98%. ESSARSHPNG share price short term trend is Up. It suggests that ESSARSHPNG Share Price for Tomorrow remains the same with VWAP at 41.86 will be treated as stop loss for intraday traders. Essar Shipping Limited Long term investors can follow the ESSARSHPNG long term trend as mentiond in future forecast table.

NSE Code

NSE: ESSARSHPNG

ESSARSHPNG Share Price Today

 41.95

ESSARSHPNG Share Price Target Prediction for 2024 ^

 16.8 - 47.8

ESSARSHPNG Share Price Target Prediction for 2025*^

 47.8 - 79.6

ESSARSHPNG Share Price Target Prediction for 2026*^

 79.6 - 85.9

ESSARSHPNG Share Price Target Prediction for 2027*^

 90

ESSARSHPNG Share Price Target Prediction for 2028*^

 94

ESSARSHPNG Share Price Target Prediction for 2030*^

 103
ESSARSHPNG Current Book Value 2023
Data Not Available

*Essar Shipping Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^ESSARSHPNG share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

ESSARSHPNG Technical Analysis

Candlestick Pattern: @34.53

ESSARSHPNG Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 35.29 SELL 35.1 SELL
MA_12 36.33 SELL 36.17 SELL
MA_20 36.32 SELL 36.78 SELL
MA_32 38.03 SELL 38.09 SELL
MA_50 39.59 SELL 39.41 SELL
MA_100 45.11 SELL 40.63 SELL
MA_200 37.72 SELL 37.23 SELL

ESSARSHPNG Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 36.32 Downtrend
MACD -0.06 SELL
ADX 22.49 NO or Weak Trend
DMI (+/-) 24.7 / 41.53 Downtrend

ESSARSHPNG Momentum Oscillators

BUY (0) NEUTRAL (5) SELL (7)
Momentum Oscillators Value Action
RSI 40.24 Neutral
STOCHASTIC_K (Fast) 12.11 Oversold
STOCHASTIC_D (Slow) 1.86 Oversold
CCI -74.79 Neutral
PSAR 40.46 SELL
TRUE RANGE 1.64 SELL
ATR 1.5 SELL
WILLIAMS R -79.53 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 46.44 Neutral
STOCHASTIC RSI D 15.48 Oversold
MOMENTUM -4 SELL

ESSARSHPNG Last 1 Year Trend

Duration Value
1 Year 115.14%
3 Months -23.06%
1 Month -10.38%
1 Week -12.65%

ESSARSHPNG Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 0%
NEUTRAL / HOLD 20%
SELL 80%

Most popular Questions & Answers about ESSARSHPNG


Essar Shipping Limited stock last traded price is 41.95. ESSARSHPNG share price moved Up by 4.98% from its previous close of Rs 39.96.

Essar Shipping Limited share price trend is Up with a total of 189020 stocks traded till now. It has touched an intraday high of Rs 74.5077 and an intraday low of Rs 40.7. The ESSARSHPNG trading at 41.95, Up by Rs. 1.99, or 4.98 percent which suggests that most of the Traders are anticipating that the price of ESSARSHPNG share should go Up and the Stop Loss will be around 41.86.

The market cap of Essar Shipping Limited is ₹199.5 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Essar Shipping Limited as of Nov 22, 2024 is 9.1.

The current price to book ratio for Essar Shipping Limited as of Nov 22, 2024 is N/A.

The highest price of Essar Shipping Limited stock is ₹71.54 in the last 52-week.

The lowest price of Essar Shipping Limited stock is ₹16 in the last 52-week.

Essar Shipping Limited share trading at ₹41.95, Up by Rs. 1.99, or 4.98 percent which suggests that most of the traders are anticipating that the price of ESSARSHPNG share should go Up.

In 2023, Stock price target for Essar Shipping Limited (ESSARSHPNG) are ₹16.8 on downside and ₹47.8 on upside. Essar Shipping Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Essar Shipping Limited (ESSARSHPNG) are ₹47.8 on downside and ₹79.6 on upside. Essar Shipping Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Essar Shipping Limited (ESSARSHPNG) are ₹79.6 on downside and ₹85.9 on upside. Essar Shipping Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Essar Shipping Limited (ESSARSHPNG) will be around ₹94 Essar Shipping Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of ESSARSHPNG.

The price of Essar Shipping Limited (ESSARSHPNG) shares moved by 4.98%. The short-term trend for ESSARSHPNG share price is Up. It implies that the share price of ESSARSHPNG will stay the same tomorrow and that intraday traders should treat VWAP at 41.86 as a stop loss. Investors with a long-term outlook can track ESSARSHPNG long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of ESSARSHPNG stock is 96.9. Compared to the current market price of 41.95 INR, the ESSARSHPNG stock is Undervalued by 56.7%.

As per the fundamental analysis of Essar Shipping Limited (ESSARSHPNG), it is of Superior quality in terms of earnings and profit margins with an EPS of 8.08.


NSE:ESSARSHPNG News & Other Useful Information about ESSARSHPNG Share Price


Peer Comparison of NSE: ESSARSHPNG

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Shipping

Company Price EPS BV
SCI 220.74 21.49 149.5
GESHIP 1088.55 171.45 724.7
GPPL 178.95 7.78 43.29
SEAMECLTD 1103.30 76.14 342.55
SHREYAS 372.25 2.81 349.09
ACCURACY 9.34 0.62 7.66
RNAVAL 2.30 0 -235.8
ESSARSHPNG 41.95 8.08 -80.92
MERCATOR 0.85 -6.7 -32.37
LANCER 149.70 7.2 23.38
Updated at: 22 Nov 2024 15:57

Feel free to contact us, in case of any queries.

SITEMAP 448
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 2229.90 46.25 (2.12%) | ADANIGREEN 1054.50 -91.20 (-7.96%) | ADANIPORTS 1138.00 23.35 (2.09%) | ADANITRANS 1010.05 -18.55 (-1.8%) | AMBUJACEM 502.60 18.45 (3.81%) | APOLLOHOSP 6902.00 159.50 (2.37%) | ASIANPAINT 2469.75 41.60 (1.71%) | ATGL 611.00 9.10 (1.51%) | AUROPHARMA 1223.00 3.00 (0.25%) | AXISBANK 1141.80 2.65 (0.23%) | BAJAJ-AUTO 9468.00 -37.00 (-0.39%) | BAJAJFINSV 1601.00 31.75 (2.02%) | BAJFINANCE 6720.00 254.35 (3.93%) | BALKRISIND 2763.60 41.65 (1.53%) | BANDHANBNK 170.14 4.28 (2.58%) | BANKBARODA 235.90 7.40 (3.24%) | BEL 280.85 5.40 (1.96%) | BERGEPAINT 477.60 12.10 (2.6%) | BHARTIARTL 1568.40 43.25 (2.84%) | BIOCON 331.60 8.50 (2.63%) | BOSCHLTD 34350.00 241.30 (0.71%) | BPCL 286.00 3.60 (1.27%) | BRITANNIA 4849.95 46.60 (0.97%) | CADILAHC 1100.00 -15.15 (-1.36%) | CIPLA 1485.25 19.75 (1.35%) | COALINDIA 414.10 8.10 (2%) | COLPAL 2718.00 27.70 (1.03%) | DABUR 513.25 7.50 (1.48%) | DIVISLAB 6000.00 22.90 (0.38%) | DLF 803.50 29.55 (3.82%) | DMART 3610.00 -12.90 (-0.36%) | DRREDDY 1214.00 18.65 (1.56%) | EICHERMOT 4980.50 98.40 (2.02%) | GAIL 192.80 4.50 (2.39%) | GLAND 1755.00 -32.00 (-1.79%) | GODREJCP 1190.00 11.30 (0.96%) | GRASIM 2591.00 56.15 (2.22%) | GUJGASLTD 461.65 8.05 (1.77%) | HAVELLS 1669.95 33.85 (2.07%) | HCLTECH 1897.10 60.75 (3.31%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 4220.00 5.90 (0.14%) | HDFCBANK 1742.10 0.90 (0.05%) | HDFCLIFE 685.35 10.95 (1.62%) | HEROMOTOCO 4788.00 20.15 (0.42%) | HINDALCO 652.00 3.95 (0.61%) | HINDUNILVR 2440.00 57.20 (2.4%) | HINDZINC 490.30 3.25 (0.67%) | ICICIBANK 1278.00 27.45 (2.2%) | ICICIGI 1835.10 30.40 (1.68%) | ICICIPRULI 689.35 10.80 (1.59%) | INDIGO 4145.00 75.20 (1.85%) | INDUSINDBK 998.65 17.20 (1.75%) | INDUSTOWER 330.20 1.10 (0.33%) | INFY 1889.20 55.15 (3.01%) | IOB 50.25 0.44 (0.88%) | IOC 132.90 2.19 (1.68%) | ITC 474.00 16.85 (3.69%) | JSWSTEEL 975.00 30.85 (3.27%) | KOTAKBANK 1761.80 24.70 (1.42%) | LT 3605.00 121.50 (3.49%) | LTI 6149.30 78.10 (1.29%) | LUPIN 2064.55 21.55 (1.05%) | M&M 3005.50 69.25 (2.36%) | MARICO 598.00 6.95 (1.18%) | MARUTI 11070.05 208.60 (1.92%) | MCDOWELL-N 1485.00 -14.35 (-0.96%) | MOTHERSUMI 187.83 -5.36 (-2.77%) | MUTHOOTFIN 1926.40 26.85 (1.41%) | NAUKRI 7990.00 474.65 (6.32%) | NESTLEIND 2242.50 31.30 (1.42%) | NMDC 220.80 3.17 (1.46%) | NTPC 364.70 8.55 (2.4%) | ONGC 245.45 3.30 (1.36%) | PEL 1082.75 27.80 (2.64%) | PIDILITIND 2967.45 29.40 (1%) | PIIND 4124.70 -14.00 (-0.34%) | PNB 99.99 3.62 (3.76%) | POWERGRID 336.00 10.10 (3.1%) | RELIANCE 1264.00 41.00 (3.35%) | SAIL 112.75 2.16 (1.95%) | SBICARD 680.65 5.60 (0.83%) | SBILIFE 1487.20 9.25 (0.63%) | SBIN 814.55 33.80 (4.33%) | SHREECEM 24814.00 761.15 (3.16%) | SIEMENS 6850.00 208.35 (3.14%) | SRF 2163.25 19.60 (0.91%) | SUNPHARMA 1805.60 25.60 (1.44%) | TATACONSUM 943.00 31.30 (3.43%) | TATAMOTORS 794.00 20.15 (2.6%) | TATAMTRDVR 768.65 33.35 (4.54%) | TATASTEEL 142.55 2.33 (1.66%) | TCS 4221.95 149.10 (3.66%) | TECHM 1744.10 41.85 (2.46%) | TITAN 3302.00 123.55 (3.89%) | TORNTPHARM 3171.00 69.05 (2.23%) | ULTRACEMCO 11301.15 346.30 (3.16%) | UPL 565.50 9.75 (1.75%) | VEDL 445.40 2.60 (0.59%) | WIPRO 571.40 14.25 (2.56%) |