GE Shipping gains with arm delivering 1999 built PSV 'Greatship Disha' to buyers

20 Feb 2017

GE Shipping is currently trading at Rs. 364.50, up by 6.15 points or 1.72% from its previous closing of Rs. 358.35 on the BSE.

The scrip opened at Rs. 367.80 and has touched a high and low of Rs. 367.80 and Rs. 360.95 respectively. So far 2,382 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 410.40 on 20-Jan-2017 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. 370.00 and Rs. 350.00 respectively. The current market cap of the company is Rs. 5,552.00 crore.

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

Great Eastern Shipping Company’s (GE Shipping) wholly owned subsidiary, Greatship (India) (GIL) has sold and delivered its 1999 built Platform Supply Vessel (PSV) ‘Greatship Disha’ to the buyers.

With the delivery of this vessel to the buyers, GIL and its subsidiaries currently own and operate four PSVs, eight AHTSVs, two MPSSVs, five R-Class Supply Vessels and four jack-up rigs. 

Great Eastern Shipping Company (GE Shipping) 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:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323