The Great Eastern Shipping Company jumps on turning black in Q4

10 May 2021 Evaluate

The Great Eastern Shipping Company is currently trading at Rs. 395.00, up by 13.55 points or 3.55% from its previous closing of Rs. 381.45 on the BSE.

The scrip opened at Rs. 387.30 and has touched a high and low of Rs. 405.00 and Rs. 387.00 respectively. So far 24012 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 419.00 on 06-May-2021 and a 52 week low of Rs. 189.20 on 01-Jun-2020.

Last one week high and low of the scrip stood at Rs. 419.00 and Rs. 311.50 respectively. The current market cap of the company is Rs. 5820.61 crore.

The promoters holding in the company stood at 29.21%, while Institutions and Non-Institutions held 43.80% and 26.98% respectively.

The Great Eastern Shipping Company has reported net profit at Rs 144.49 crore for fourth quarter ended March 31, 2021 as compared to net loss of Rs 12.55 crore for the same quarter in the previous year. However, total income of the company decreased by 28.31% at Rs 626.67 crore for Q4FY21 as compared Rs 874.14 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit attributed to the owners at Rs 49.01 crore for fourth quarter ended March 31, 2021 as compared to net loss at Rs 50.68 crore for the same quarter in the previous year. However, total income of the company decreased by 23.97% at Rs 798.76 crore for Q4FY21 as compared Rs 1050.64 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the company has reported above 3-fold jump in its net profit at Rs 1030.13 crore as compared to Rs 280.69 crore for the previous year. However, total income of the company decreased by 6.40% at Rs 2892.85 crore for year under review as compared to Rs 3090.61 crore for year ended March 31, 2020.

For the year ended March 31, 2021, on the consolidated basis, the company has reported 4-fold jump in its net profit attributed to the owners at Rs 918.52 crore as compared to Rs 207.14 crore for the previous year. However, total income of the company decreased by 8.45% at Rs 3568.37 crore for year under review as compared to Rs 3897.85 crore for year ended March 31, 2020.

 

GE Shipping Share Price

1092.15 6.35 (0.58%)
26-Apr-2024 16:01 View Price Chart
Peers
Company Name CMP
Shipping Corpn. 232.65
GE Shipping 1092.15
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