Essar Shipping Limited engages in the fleet operating and chartering businesses in India, the United Arab Emirates, and Mauritius. It operates in two segments, Fleet Operating and Chartering, and Oilfields Services. The company operates tankers and dry bulkers; and provides land rigs and semi- submersible rig services, as well as logistics services, including trucks, trailers, and tippers. It is also involved in the operation of international and coastal voyages; and provision of contract drilling services to oil and gas companies. The company was formerly known as Essar Shipping Ports & Logistics Ltd., Shipping, Logistics & Oilfields Services Businesses and changed its name to Essar Shipping Limited in May 2011. The company was incorporated in 2010 and is based in Mumbai, India. Essar Shipping Limited is a subsidiary of Essar Shipping Mauritius Holdings Limited.
Research context
Essar Shipping Limited appears in PyInvesting’s India Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- INR
- Sector
- Industrials
- Industry
- Marine Shipping
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5 years, 6 months ago
Essar Shipping Limited is currently in a long term uptrend where the price is trading 20.6% above its 200 day moving average.
From a valuation standpoint, the stock is 96.4% cheaper than other stocks from the Industrials sector with a price to sales ratio of 0.3.
Essar Shipping Limited's total revenue sank by 74.3% to $983M since the same quarter in the previous year.
Its net income has dropped by 103.7% to $-2B since the same quarter in the previous year.
Finally, its free cash flow fell by 39.6% to $1B since the same quarter in the previous year.
Based on the above factors, Essar Shipping Limited gets an overall score of 2/5.