Shipping stock hits one year high, logging 9% intraday gain. Do you own?

Seamec shares rose 7% to ₹1,291 on January 29, marking a five-day rally of 18%. Despite no fundamental triggers, technical factors aided the surge. The stock trades 194% higher over five years, with promoters holding 72.7%. Seamec specializes in offshore oil and gas diving support services.

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