Seamec Shares Surge 7.27% Amid Five-Day Rally
Seamec’s stock has experienced a remarkable surge, extending its winning streak to five consecutive sessions. On January 29, shares rose by 7.27%, reaching ₹1,291 each, with an intraday peak of ₹1,319—marking a 13-month high. This rally has resulted in an impressive cumulative gain of 18% over the past five days, despite the absence of fundamental triggers.
Stock Performance and Market Dynamics
Seamec’s recent stock performance has been noteworthy, particularly following a challenging period of correction that lasted from August 2024 to July 2025, during which the stock lost nearly 50% of its value. However, the company rebounded strongly, recording a 24% increase in August and finishing December with a 14% rise. Despite a yearly decline of 8.4% in 2025, which ended a two-year winning streak, Seamec’s long-term outlook remains robust, with shares trading 194% higher over the past five years.
The current rally appears to be driven by technical factors rather than any significant market news. As the broader market remains volatile, Seamec’s stock has managed to attract investor interest, leading to a notable increase in its value. The stock’s performance in January alone has contributed to a 17.5% rise, showcasing its resilience in a fluctuating market environment.
Investor Composition and Company Overview
According to Trendlyne shareholding data, promoters hold a significant majority stake of 72.7% in Seamec as of the end of December. Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) own 3.4% and 4.1%, respectively, while the remaining 19.8% is held by public shareholders. Among retail investors, those with capital exceeding ₹2 lakh own 1.39% of the company, while those with less than ₹2 lakh hold a 9.16% stake.
Seamec specializes in providing diving support services to the offshore oil and gas industry, offering a range of specialized services such as inspection, maintenance, repairs, and the operation of remotely operated vehicles. The company has established long-term contracts with prestigious clients, including ONGC and L&T Hydrocarbon. Additionally, Seamec manages three bulk carriers for freight transportation, focusing on food staples, commodities, and industrial products. With India’s largest fleet of multi-support vessels, Seamec continues to be a formidable player in the offshore shipping sector.
