GE Shipping gains on delivering new Kamsarmax Dry Bulk Carrier to buyers

03 Sep 2015

GE Shipping is currently trading at Rs. 370.90, up by 6.30 points or 1.73% from its previous closing of Rs. 364.60 on the BSE.

The scrip opened at Rs. 363.00 and has touched a high and low of Rs. 372.00 and Rs. 361.45 respectively. So far 3,587 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. 326.75 on 05-Feb-2015.

Last one week high and low of the scrip stood at Rs. 373.00 and Rs. 350.00 respectively. The current market cap of the company is Rs. 5,649.00 crore.

The promoters holding in the company stood at 30.41%, while Institutions and Non-Institutions held 41.85% and 27.54% respectively.

Great Eastern Shipping Company (GE Shipping) has delivered its new building Kamsarmax dry bulk carrier ‘Jag Aakash’ (81,600 dwt) to buyers. The vessel was contracted for sale in August 2015. The company had ordered the vessel in July 2013 at the Tsuneishi Heavy Industries (Cebu) Inc., Philippines and took delivery of the same on September 1, 2015.

Great Eastern Shipping Company is India’s largest private sector shipping company. The company’s major businesses include shipping and offshore.


Related The Great Eastern Shipping Company Ltd. Links:

GE Shipping Share Price

312.05 3.50 (1.13%) Feb 26, 18:55
1 Year Price Chart
Peers
Company Name CMP
Shipping Corpn. 99.95
GE Shipping 312.05
Dredging Corp 411.70
Shreyas Shipping 81.05
Essar Shipping 9.10
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Sensex vs GE Shipping
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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