The Great Eastern Shipping jumps on turning black in Q4

07 May 2019 Evaluate

The Great Eastern Shipping Company is currently trading at Rs. 283.60, up by 3.85 points or 1.38% from its previous closing of Rs. 279.75 on the BSE.

The scrip opened at Rs. 285.00 and has touched a high and low of Rs. 286.95 and Rs. 281.55 respectively. So far 675559 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 366.00 on 11-May-2018 and a 52 week low of Rs. 240.05 on 12-Feb-2019.

Last one week high and low of the scrip stood at Rs. 294.80 and Rs. 278.30 respectively. The current market cap of the company is Rs. 4285.08 crore.

The promoters holding in the company stood at 29.66%, while Institutions and Non-Institutions held 44.25% and 26.08% respectively.

The Great Eastern Shipping Company has reported a net profit of Rs 135.61 crore for the quarter ended March 31, 2019 under review against net loss of Rs 13.44 crore for the same quarter in the previous year. Total income of the company increased by 23.05% at Rs 785.01 crore for Q4FY19 as compared Rs 637.94 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net profit of Rs 148.47 crore for the quarter ended March 31, 2019 under review against net loss of Rs 419.10 crore for the same quarter in the previous year. Total income of the company increased by 24.27% at Rs 1,026.99 crore for Q4FY19 as compared Rs 826.42 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a net loss of Rs 19.47 crore against net profit of Rs 160.19 crore for the previous year. However, total income of the company increased by 32.83% at Rs 2,913.41 crore for year under review as compared to Rs 2,193.29 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a net loss of Rs 21.45 crore against net loss of Rs 210.49 crore for the previous year. However, total income of the company increased by 21.95% at Rs 3,829.89 crore for year under review as compared to Rs 3,140.57 crore for year ended March 31, 2018.

GE Shipping Share Price

1000.15 4.50 (0.45%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Shipping Corpn. 208.75
GE Shipping 1000.15
Dredging Corp 676.50
Shreyas Shipping 252.05
Seamec 1070.05
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