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GE Shipping rises after taking delivery of 2014 built Kamsarmax Dry Bulk Carrier ‘Jag Abhishek’

30 Apr 2026 Evaluate

The Great Eastern Shipping Company is currently trading at Rs. 1570.00, up by 17.25 points or 1.11% from its previous closing of Rs. 1552.75 on the BSE.

The scrip opened at Rs. 1555.40 and has touched a high and low of Rs. 1575.65 and Rs. 1535.65 respectively. So far 21984 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1590.00 on 29-Apr-2026 and a 52 week low of Rs. 842.35 on 09-May-2025.

Last one week high and low of the scrip stood at Rs. 1590.00 and Rs. 1,322.55 respectively. The current market cap of the company is Rs. 22209.57 crore.

The promoters holding in the company stood at 30.07%, while Institutions and Non-Institutions held 43.68% and 26.24% respectively.

Great Eastern Shipping Company (GE Shipping) has taken the delivery of 2014 Japanese built Kamsarmax Dry Bulk Carrier ‘Jag Abhishek’ of about 81,094 dwt. The company had contracted to buy the vessel in Q4 FY26. This vessel is financed entirely from internal accruals.

After this transaction, the company’s current owned fleet stands at 41 vessels, comprising 26 Tankers (5 Crude Tankers, 17 Product Tankers, 4 LPG Carriers) and 15 Dry Bulk Carriers (2 Capesize, 10 Kamsarmax, 1 Ultramax, 2 Supramax) aggregating 3.28 mn dwt. The company’s current capacity utilization is close to 100%.

Additionally, the company has contracted to buy one secondhand Medium Range Tanker and contracted to sell its Medium Range Tankers ‘Jag Prakash’ and ‘Jag Pankhi’. 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

1578.30 25.55 (1.65%)
30-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Shipping Corpn. 304.90
GE Shipping 1578.30
Dredging Corp 939.95
Seamec 1593.15
Shreeji Ship.Global 405.40
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