Shipping corp, low valuation, high earning, but laggard

Shipping corp is a scrip which is selling below its book value and has high ROCE, above 20%, but still it does not shows any steam. It has always been sold at PE of around 5 even with great growth rate. Given that shipping sector is supposed to have high growth in the near future, sci may be getting ready for a PE re-rating. Can anyone comment on this.

Here are the financial details

http://www.investsmartindia.com/profile/KeyFinmain.aspx?index=0&id=19&mno=4&code=2347

definite hold... wait till december

Shiiping Corp of India has lost its steam and will drop to the immediate level of 234.38 wisth expectation for 218.75

The expected level for stabilizing here is 218.75

I havent brought it yet, but was looking at its prospects. whats in december by the way.

In stock markets investment decisions for long term says hold, no problems, but for day trader waiting till December is .....

Plan your trades........