SCI gets 199.76 crore income tax refund after ITAT win

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SCI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.2%Reaction day

₹226.20

prior close

₹227.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-1.0%-0.2% vs market

Shipping peers, median of 8sector-0.2%-1.0% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Smallcap 250 and 1.0 pts less than its Shipping peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.7

10m

-1.1

15m

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30m

-1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.2-1.0-0.2-0.2-1.0

Next day

-2.1-1.4-0.7-0.6-1.5

+17.7+1.1+16.5+5.1+12.5

+17.2+1.6+15.5+8.4+8.8

+17.3+1.8+15.5+7.9+9.5

+20.8+1.0+19.8+8.1+12.7

+18.9-0.6+19.6+4.6+14.3

15d

+18.6-0.2+18.8+2.7+15.9

+7.3-3.8+11.2-2.7+10.0

+2.9-7.5+10.4-7.9+10.8

+41.0+5.2+35.8+4.0+37.0

UpDownMarket · Nifty Smallcap 250Sector · Shipping peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Shipping Corporation of India received an income tax refund of about 199.76 crore (including around 5.75 crore in interest) on 3 February 2026. This follows a favourable order from the Income Tax Appellate Tribunal in May 2024 for financial year 2009-10. The dispute involved additions to sundry receipts, interest income classification, excess provision write-backs and sundry creditors write-backs.

Likely market impact

Positive cash boost of about 199.76 crore improves SCI's near-term liquidity from a won tax dispute.