Shipping Corporation of India touched a fresh yearly high after accumulating nearly 20% gains through October. Strong container and dry bulk rates, coupled with resilient cargo demand, continued to bolster sentiment around logistics earnings. Portfolio managers cited improving utilization, stable bunker costs, and ongoing fleet efficiency upgrades as key tailwinds. Options data indicated rising put writing at higher bases, implying confidence in the uptrend. While valuation multiples expanded, analysts argued operating leverage and policy support could sustain profitability into the December quarter.