SEAMEC Ltd emerged as the biggest loser in the BSE's 'B' group on June 17, 2026, crashing 15.49% to ₹1,332.75 at 14:32 IST. According to reports from Business Standard, the stock witnessed significantly higher trading activity with 16,122 shares traded on the counter compared to the average daily volumes of 10,542 shares recorded over the past one month. This substantial increase in trading volume indicates heightened investor interest amid the sharp price decline.
Despite the recent decline, SEAMEC reported exceptional financial performance in Q3 FY26. The company achieved a net profit of ₹103.48 crore in the quarter ended March 2026, representing a remarkable 140.76% increase from ₹42.98 crore in the previous quarter. Sales revenue surged 63.85% to ₹327.07 crore compared to ₹199.62 crore in Q3 FY25. For the full year, net profit rose 180.51% to ₹251.39 crore in FY26 versus ₹89.62 crore in the previous year, while sales increased 46.12% to ₹952.46 crore.
Rajdarshan Industries Ltd followed as the second biggest loser, tumbling 9.93% to ₹38. As reported by Business Standard, the stock recorded 293 shares traded on the counter, which is significantly higher than the average daily volume of 107 shares in the past month. Neogen Chemicals Ltd lost 7.68% to ₹1,921.05, with 9,352 shares traded against an average daily volume of 21,233 shares in the past month. Bang Overseas Ltd fell 6.98% to ₹29.3, while Team India Guaranty Ltd slipped 6.55% to ₹235.4.
According to Business Standard reports, the trading volumes across all five declining stocks showed mixed patterns compared to their monthly averages. Bang Overseas Ltd recorded the highest absolute trading volume at 30,656 shares, significantly above its average of 3,289 shares, while Team India Guaranty Ltd showed minimal volume variation with 1,053 shares traded versus 1,043 shares average. The increased trading volumes across multiple stocks suggest heightened market activity during the decline, though the specific reasons for these losses were not detailed in the available data.
SEAMEC has secured significant new contracts that could drive future growth. The company announced winning a ₹329.92 crore contract for operation and maintenance services of ONGC's multi-support vessel 'Samudra Prabha' for the 2026-2028 period. Additionally, the company secured a ₹410.74 crore contract for operation and maintenance services of ONGC's multi-support vessel 'Samudra Sevak' for the same period. These contracts, awarded by domestic entities in normal business operations, demonstrate the company's strong position in the offshore support services market.
