SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

GE Shipping advances on taking delivery of Kamsarmax Dry Bulk Carrier ‘Jag Amar’

12 Jan 2017 Evaluate

Great Eastern Shipping Company (GE Shipping) is currently trading at Rs. 386.30, up by 2.85 points or 0.74% from its previous closing of Rs. 383.45 on the BSE.

The scrip opened at Rs. 385.00 and has touched a high and low of Rs. 387.40 and Rs. 384.60 respectively.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 397.60 on 01-Nov-2016 and a 52 week low of Rs. 275.00 on 02-Mar-2016.

Last one week high and low of the scrip stood at Rs. 389.00 and Rs. 380.00 respectively. The current market cap of the company is Rs. 5,884.20 crore.

The promoters holding in the company stood at 30.41%, while Institutions and Non-Institutions held 42.55% and 27.05% respectively.

GE Shipping has taken delivery of a new building Kamsarmax Dry Bulk Carrier ‘Jag Amar’ of about  82,000 dwt. The vessel was ordered by company in December 2013 and has been built at Jiangsu New Yangzi Shipbuilding Co., P.R.China.

With the inclusion of this vessel, the company's current fleet stands at 39 vessels, comprising 24 tankers (7 crude carriers, 15 product tankers, 2 LPG carrier) and 15 dry bulk carriers (1 Capesize, 8 Kamsarmax, 6 Supramax) with an average age of 9.45 years aggregating 3.02 mn dwt. Additionally, the company has committed to purchase 2 Second hand Aframaxes and 3 Second hand Suezmaxes. 

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


GE Shipping Share Price

1446.35 23.60 (1.66%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Shipping Corpn. 300.90
GE Shipping 1446.35
Dredging Corp 987.55
Seamec 1519.80
Shreeji Ship.Global 374.55
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×