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

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

15 Oct 2012 Evaluate

Great Eastern Shipping Company (GE Shipping) is currently trading at Rs. 253.00, up by 2.15 points or 0.86 % from its previous closing of Rs. 250.85 on the BSE.

The scrip opened at Rs. 250.00 and has touched a high and low of Rs. 253.70 and Rs. 250.00 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 285.45 on 17-Feb-2012 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. 261.00 and Rs. 249.05 respectively. The current market cap of the company is Rs. 3852.93 crore.

The promoters holding in the company stood at 29.86% while Institutions and Non-Institutions held 39.33% and 30.57% respectively.

Great Eastern Shipping Company’s (GE Shipping) wholly owned subsidiary Greatship (India) (GIL), has taken delivery of Greatship Rachna, a Platform/ROV Support Vessel built by Colombo Dockyard Plc, Sri Lanka.

Greatship Rachna is a DP2 vessel, capable of supporting offshore exploration and production and has been build complying with the SPS code 2008.

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

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

GE Shipping Share Price

1536.35 -41.95 (-2.66%)

04-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Shipping Corpn.	318.65
GE Shipping	1536.35
Dredging Corp	946.15
Seamec	1583.70
Shreeji Ship.Global	425.70
View more..

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