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The latest announcement is out from Essar Shipping Limited. ( (IN:ESSARSHPNG) ).
Essar Shipping Limited has announced its unaudited standalone and consolidated financial results for the quarter ending June 30, 2025. The results, approved by the board, highlight significant financial challenges, including liabilities exceeding assets and ongoing legal proceedings related to a subsidiary in liquidation. The company has been selling assets to address outstanding debts, indicating a precarious financial position that may impact its operations and stakeholders.
More about Essar Shipping Limited.
Essar Shipping Limited operates in the shipping industry, providing logistics and transportation services. The company is part of the larger Essar Group, which has interests in sectors such as steel, energy, and infrastructure.
Average Trading Volume: 20,443
Technical Sentiment Signal: Hold
Current Market Cap: 5.55B INR
Find detailed analytics on ESSARSHPNG stock on TipRanks’ Stock Analysis page.