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GE Shipping shines as its subsidiary takes delivery of ‘Greatship Roopa’

12 Jul 2012 Evaluate

Great Eastern Shipping Company (GE Shipping) is currently trading at Rs. 266.70, up by 2.65 points or 1.00% from its previous closing of Rs. 264.05 on the BSE.

The scrip opened at Rs. 267.00 and has touched a high and low of Rs. 267.55 and Rs. 262.15 respectively. So far 15428 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 287.50 on 25-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. 267.55 and Rs. 253.05 respectively. The current market cap of the company is Rs. 4051.67 crore.

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

Greatship Global Offshore Services (GGOS), a Singapore incorporated subsidiary of Greatship (India) (GIL), which is a wholly owned subsidiary of Great Eastern Shipping Company (GE Shipping), has taken delivery of a Platform/ROV Support Vessel Greatship Roopa, from Colombo Dockyard Plc., Sri Lanka.

Greatship Roopa is a DP2 vessel, capable of supporting offshore exploration and production and has been built complying with the SPS Code 2008.

With the delivery of Greatship Roopa, GIL and its subsidiary currently own and / or operate four PSVs, nine AHTSVs, three MPSSVs, three ROVSVs and two jack up rigs. GIL and its subsidiaries also have an order book of two ROVSVs in Sri Lanka and one 350 feet jack up rig in Dubai.

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

GE Shipping Share Price

1586.75 34.35 (2.21%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Shipping Corpn. 338.75
GE Shipping 1586.75
Dredging Corp 952.90
Seamec 1502.55
Shreeji Ship.Global 415.85
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