GE Shipping rises on delivering Aframax crude carrier ‘Jag Leela’ to buyers

11 Jul 2013

Great Eastern Shipping Company (GE Shipping) is currently trading at Rs. 214.00, up by 1.00 points or 0.47% from its previous closing of Rs. 213.00 on the BSE.

The scrip opened at Rs. 216.25 and has touched a high and low of Rs. 216.25 and Rs. 213.55 respectively. So far 1484 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 291.50 on 19-Dec-2012 and a 52 week low of Rs. 199.25 on 24-Jun-2013.

Last one week high and low of the scrip stood at Rs. 220.00 and Rs. 208.00 respectively. The current market cap of the company is Rs. 3252.84 crore.

The promoters holding in the company stood at 29.86% while Institutions and Non-Institutions held 40.52% and 29.40% respectively. Great Eastern Shipping Company (GE Shipping) has delivered 1999 built Aframax crude carrier ‘Jag Leela’ of about 105,000 dwt to the buyers. Following this, the company’s current fleet stands at 28 vessels, comprising 21 tankers (8 crude carriers, 11 product carriers, 1 LPG carrier) and 8 dry bulk carriers (1 Capesize, 3 Kamsarmax, 4 Supramax) with an average age of 9.2 years aggregating 2.32 mn dwt.

Recently, the company has delivered 1997 built handymax dry bulk carrier ‘Jag Ravi’ of about 45,300 dwt to the buyers.

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

Related The Great Eastern Shipping Company Ltd. Links:

GE Shipping Share Price

384.40 -3.80 (-0.98%) May 07, 11:43
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323