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GE Shipping shines on reporting 29% growth in Q2 consolidated net profit

19 Nov 2014 Evaluate

Great Eastern Shipping Company (GE Shipping) is currently trading at Rs. 411.75, up by 13.60 points or 3.42% from its previous closing of Rs. 398.15 on the BSE.

The scrip opened at Rs. 405.00 and has touched a high and low of Rs. 415.80 and Rs. 400.85 respectively. So far 26582 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 467.00 on 16-Sep-2014 and a 52 week low of Rs. 282.70 on 07-Feb-2014.

Last one week high and low of the scrip stood at Rs. 405.00 and Rs. 390.00 respectively. The current market cap of the company is Rs. 6218.80 crore.

The promoters holding in the company stood at 30.50% while Institutions and Non-Institutions held 41.27% and 28.02% respectively.

GE Shipping has posted a rise of 73.51% in its net profit after tax at Rs 108.15 crore for the quarter ended September 30, 2014 as compared to Rs 62.33 crore for the same quarter in the previous year. Total income has increased by 29.12% at Rs 548.77 crore for quarter under review as compared to Rs 425.02 crore for the quarter ended September 30, 2013.

On consolidated basis, the company’s net profit after taxes and minority interest for the quarter under review registered 28.64% growth at Rs 206.64 crore against Rs 160.63 crore in the September quarter of previous fiscal. The company’s total income has increased by 14.44% at Rs 960.36 crore for the quarter from Rs 839.17 crore in the similar quarter of previous year.

GE Shipping Share Price

1523.95 -12.40 (-0.81%)
05-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Shipping Corpn. 320.05
GE Shipping 1523.95
Dredging Corp 948.25
Seamec 1554.70
Shreeji Ship.Global 421.75
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