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G E Shipping surges on contracting to sell 2007 built Medium Range Tanker

06 Apr 2026 Evaluate

The Great Eastern Shipping Company is currently trading at Rs. 1467.45, up by 29.25 points or 2.03% from its previous closing of Rs. 1438.20 on the BSE.

The scrip opened at Rs. 1432.20 and has touched a high and low of Rs. 1500.00 and Rs. 1432.20 respectively. So far 33185 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1509.15 on 13-Mar-2026 and a 52 week low of Rs. 817.20 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs. 1500.00 and Rs. 1390.00 respectively. The current market cap of the company is Rs. 20956.08 crore.

The promoters holding in the company stood at 30.07%, while Institutions and Non-Institutions held 41.90% and 28.03% respectively.

The Great Eastern Shipping Company (G E Shipping) has contracted to sell its 2007 built Medium Range Tanker ‘Jag Prakash’ of about 47,848 dwt, to an unaffiliated third party. The vessel will be delivered to the new buyer in Q1 FY27. 

Including Jag Prakash, the company’s current owned fleet stands at 40 vessels, comprising 26 Tankers (5 Crude Tankers, 17 Product Tankers, 4 LPG Carriers) and 14 Dry Bulk Carriers (2 Capesize, 9 Kamsarmax, 1 Ultramax, 2 Supramax) aggregating 3.20 mn dwt.

Additionally, the company has contracted to buy one second-hand Kamsarmax Dry Bulk Carrier and one second-hand Medium Range Tanker, and these transactions are expected to be completed in Q1 FY27.

The Great Eastern Shipping Company is India's largest private sector shipping service provider enjoying a formidable presence in the international maritime industry.

GE Shipping Share Price

1370.40 -20.75 (-1.49%)
10-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Shipping Corpn. 243.25
GE Shipping 1370.40
Dredging Corp 892.35
Seamec 1523.20
Shreeji Ship.Global 345.95
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