GE Shipping rejoices with good show in Q3

06 Feb 2015

The Great Eastern Shipping Company is currently trading at Rs. 337.00, up by 5.10 points or 1.54% from its previous closing of Rs. 331.90 on the BSE.

The scrip opened at Rs. 335.00 and has touched a high and low of Rs. 338.00 and Rs. 332.00 respectively. So far 874 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. 364.00 and Rs. 326.75 respectively. The current market cap of the company is Rs. 5004.29 crore.

The promoters holding in the company stood at 30.45%, while Institutions and Non-Institutions held 40.65% and 28.69% respectively.

Great Eastern Shipping Company (GE Shipping) has registered over five-fold jump in its net profit after tax at Rs 69.07 crore for the third quarter ended December 31, 2014, as compared to Rs 13.13 crore for the same quarter in the previous year. Total income of the company has increased 23.37% at Rs 512.52 crore for Q3FY15 as compared Rs 415.43 crore for the corresponding quarter previous year.

On the consolidated basis the company’s net profit after tax rose 79.01% to Rs 181.70 crore for the Q3 FY15 as compared to Rs 101.50 crore in Q3 FY14. Moreover, the total income increased 19.07% to Rs 944.25 crore in the quarter under review as compared to Rs 792.99 crore in the corresponding quarter previous year.

Related The Great Eastern Shipping Company Ltd. Links:

GE Shipping Share Price

381.45 -6.75 (-1.74%) May 07, 18:03
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323