Essar Shipping share price
ESSARSHPNG on NSE · data as of 16 Oct 2026
Essar Shipping closed at ₹16.17 on 16 Oct 2026 (+0.94% on the day). It is 62.6% below its 52-week high of ₹43.26 (30 Oct 2025) and 5.3% above its 52-week low of ₹15.36 (16 Oct 2026). The stock has underperformed the Nifty 50 over the past year (-46.2% vs -8.5%). It is trading below both its 50-day and 200-day averages (a downtrend), with RSI 46 (neutral zone).
Technical snapshot
- 20-day averagebelow, 1.6%
- 50-day averagebelow, 4.0%
- 200-day averagebelow, 28.6%
- RSI (14)46 neutral zone
- MACDbelow signal line crossed down 1 session ago
- Typical daily move2.8% last 20 days
- Beta vs Nifty 501.78 moves more than the market
- Traded value today₹0.3 cr 0.3x the 20-day average volume
- Delivery50% 20-day avg 61%
Latest candle: Hammer
Long lower shadow after a fall: sellers pushed the price down but it recovered most of the drop.
Key levels
- Nearest resistance₹16.80 3.9% above
- Nearest support₹15.90 1.7% below
- Position in 52-week range3% 0 = low, 100 = high
Weekly pivot levels
Chart pattern
Double bottom
Price fell to about the same low twice and bounced both times. Trough level about ₹15.43 (19 Aug 2026, 22 Sept 2026); neckline ₹18.97.
Forming: price is between the neckline and the troughs.
Support and resistance are recent swing lows and highs; pivots come from last week's high, low and close. Patterns and candles describe past prices only. They are not predictions or buy/sell signals. See the glossary for terms.
Where the price sits
Last 12 months
Weekly closing prices, adjusted for splits and bonus issues.
Returns vs Nifty 50
| Period | ESSARSHPNG | Nifty 50 | Gap |
|---|---|---|---|
| 1 week | −0.5% | +2.8% | −3.3 pts |
| 1 month | +4.1% | −0.3% | +4.4 pts |
| 3 months | −21.2% | −4.9% | −16.3 pts |
| 6 months | −40.4% | −4.3% | −36.1 pts |
| 1 year | −46.2% | −8.5% | −37.7 pts |
Gap = the stock's return minus the Nifty 50's, in percentage points. New to these terms? See 52-week high, moving average and RSI.
Quick answers
What is the 52-week high of Essar Shipping?
The 52-week high of Essar Shipping (ESSARSHPNG) is ₹43.26, reached on 30 Oct 2025. The 52-week low is ₹15.36, on 16 Oct 2026 (NSE, as of 16 Oct 2026).
How has Essar Shipping performed in the last year?
Over the last year the share price has moved -46.2%, compared with -8.5% for the Nifty 50 (as of 16 Oct 2026). Past returns do not predict future returns.
Does Essar Shipping show a chart pattern?
Double bottom (forming): level about ₹15.43, neckline ₹18.97, based on prices up to 16 Oct 2026. Chart patterns describe past prices and often fail.
Is Essar Shipping in an uptrend?
As of 16 Oct 2026, Essar Shipping is trading below both its 50-day and 200-day averages (a downtrend), with RSI 46 (neutral zone). Trend describes the past, not what happens next.
Price facts only, refreshed every trading day. Not a recommendation to buy or sell. Education only. Not investment advice. All stocks · Today's stock lists