GE Shipping surges on delivering Jag Viraj to its buyer

The Great Eastern Shipping Company Ltd. | Shipping | Transportation & Logistics | BSE: 500620 | NSE: GESHIP

29 Jun 2012 Evaluate

Great Eastern Shipping Company (GE Shipping) is currently trading at Rs. 245.75, up by 2.95 points or 1.21% from its previous closing of Rs. 242.80 on the BSE.

The scrip opened at Rs. 248.35 and has touched a high and low of Rs. 249.00 and Rs. 245.00 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 294.50 on 05-Jul-2011 and a 52 week low of Rs. 183.00 on 29-Dec-2011.

Last one week high and low of the scrip stood at Rs. 252.00 and Rs. 240.30 respectively. The current market cap of the company is Rs. 3773.74 crore.

The promoters holding in the company stood at 29.86% while Institutions and Non-Institutions held 37.81% and 32.12% respectively.

Great Eastern Shipping Company (GE Shipping) has delivered its 1991 built Liquefied Petroleum Gas (LPG) carrier 'Jag Viraj' of about 17,500 DWT to the buyers.

Following the delivery, the company’s current fleet stands at 32 vessels, comprising of 22 tankers (9 crude carriers, 13 product carriers) and 10 dry bulk carriers (1 Capesize, 3 Kamsarmax, 1 Panamax, 4 Supramax, 1 Handymax) with an average age of 8.7 years aggregating 2.55 million dwt.

GE Shipping is India’s largest private sector shipping company. The company’s major businesses include shipping and offshore. The shipping business includes transportation of crude oil, petroleum products, gas and dry bulk commodities, while the offshore business caters to the oil companies in carrying out offshore exploration and production activities, through its wholly owned subsidiary Greatship (India).

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
View more..

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