SHREEJI SHIPPING GLOBAL LTD
Buy at CMP 462, for the Targets of 535 to 575, Stop Loss - 444 Shreeji Shipping Global Ltd recently secured approval from the Income Tax Department under the Tonnage Tax Scheme for its qualifying inland vessels, effective from FY26 through FY35. Under this framework, taxation is linked to vessel tonnage rather than conventional profit calculations, which is expected to improve tax efficiency and provide greater earnings visibility over the coming years. The company also remained in focus after executing vessel purchase agreements for the acquisition of two Mini Bulk Carrier vessels for an aggregate aggregate considera consideration of around Rs.55.66 crore. The addition of thes vessels expands owned fleet capacity by 8,810.80 DWT and strengthens the company's coastal shipping and dry-bulk transportation capabilities across Indian coastal routes. Shreeji Shipping Global Ltd operates in the shipping, coastal logistics and marine transportation segment with a focus on dry bulk cargo ...