Seamec Shares Continue Impressive Rally with 7% Surge, Hitting 13-Month Peak
Extending its remarkable winning streak to the fifth consecutive session on Thursday, January 29, Seamec shares witnessed another significant surge, gaining 7% to close at ₹1,291 per share. During the intraday trading session, the stock touched an impressive 13-month high of ₹1,319 apiece, reflecting a substantial intraday jump of 9%.
Five-Day Rally Yields Cumulative Gains of 18%
The five-day rally has resulted in a cumulative gain of 18% for Seamec shares, which has also contributed to a notable 17.5% increase in the stock's value so far in January. While there are no fundamental triggers identified behind this recent run-up, it appears that technical factors have played a crucial role in driving the stock's performance, even as the broader market has remained volatile and unpredictable.
Recovery After Prolonged Correction Phase
This rally marks a strong comeback for Seamec after a prolonged phase of correction that spanned from August 2024 to July 2025. During this challenging period, the stock had lost nearly 50% of its value, causing concern among investors. However, it staged a robust recovery in the following months, with a sharp 24% surge in August and finishing December with a solid 14% rise, signaling renewed investor confidence.
Yearly Performance and Long-Term Trends
In terms of yearly performance, Seamec finished 2025 with a decline of 8.4%, which snapped a two-year winning streak. Despite this short-term trend appearing weak, the stock still trades an impressive 194% higher over the last five-year period, highlighting its long-term growth potential and resilience in the market.
Shareholding Pattern and Investor Distribution
According to the latest Trendlyne shareholding data, promoters maintain a majority stake in the company at 72.7% as of the end of the December quarter. Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) hold 3.4% and 4.1% respectively, while the remaining 19.8% is held by general public shareholders.
Among retail investors, those with capital exceeding ₹2 lakh own 1.39% or 3.53 lakh shares in the company. Meanwhile, investors with capital of less than ₹2 lakh hold a 9.16% stake or 23.27 lakh shares, as per the detailed Trendlyne data.
About Seamec and Its Business Operations
Seamec specialises in providing comprehensive diving support services to the offshore oil and gas industry. The company offers a wide range of specialised services, including inspection, maintenance, repairs, and the operation of remotely operated vehicles, which are critical for offshore operations.
It has established enduring and reliable contracts with esteemed clients such as ONGC and L&T Hydrocarbon, showcasing its strong industry relationships. Additionally, in the domain of freight transportation, the company manages three bulk carriers dedicated to transporting essential food staples, commodities, and industrial products across regions.
The company is recognised as a formidable player in the offshore shipping sector, backed by India’s largest fleet of multi-support vessels, which enhances its operational capabilities and market position.
Disclaimer: We advise investors to consult with certified financial experts and conduct thorough research before making any investment decisions, as market conditions can change rapidly.
