GE Shipping is currently trading at Rs. 253.30, up by 1.15 points or 0.46% from its previous closing of Rs. 252.15 on the BSE.
The scrip opened at Rs. 251.50 and has touched a high and low of Rs. 252.35 and Rs. 250.05 respectively. So far 4779 shares were traded on the counter.
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. 254.55 and Rs. 240.30 respectively. The current market cap of the company is Rs. 3842.27 crore.
The promoters holding in the company stood at 29.86% while Institutions and Non-Institutions held 37.81% and 32.12% respectively.
The Great Eastern Shipping Company (GE Shipping) has signed a contract to buy very large gas carrier (VLGC) of about 49,700 dwt (75,000 cbm). The 1990 built vessel is expected to join the company’s fleet during Q2 FY2013.
The company’s current fleet stands at 32 vessels, comprising 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).
| Company Name | CMP |
|---|---|
| Shipping Corpn. | 253.25 |
| GE Shipping | 1401.10 |
| Dredging Corp | 904.95 |
| Seamec | 1563.45 |
| Shreeji Ship.Global | 364.85 |
| View more.. | |
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