Great Eastern Shipping Company (GE Shipping) is currently trading at Rs. 295.00, up by 0.45 points or 0.15 % from its previous closing of Rs. 294.55 on the BSE.
The scrip opened at Rs. 291.50 and has touched a high and low of Rs. 296.25 and Rs. 291.50 respectively. So far 2770 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 325.00 on 26-Sep-2013 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. 301.75 and Rs. 286.10 respectively. The current market cap of the company is Rs. 4448.89 crore.
The promoters holding in the company stood at 30.13 % while Institutions and Non-Institutions held 40.92 % and 28.73 % respectively.
GE Shipping has placed an order for 3 new building Kamsarmax dry bulk carriers with the Jiangsu Yangzijiang Shipbuilding Group, China. The ships will be built at Jiangsu New Yangzi Shipbuilding Company, China (Builder’s Shipyard). The contracted ships, of about 82,000 dwt each, will be built according to the new eco design features which will result in greater fuel efficiency and be in compliance with Energy Efficiency Design Index requirements. The 3 vessels are expected to join the company’s fleet in 2Q and 3Q of CY16.
The company’s current fleet stands at 30 vessels, comprising 22 tankers (8 crude carriers, 13 product tankers, 1 LPG carrier) and 8 dry bulk carriers (1 Capesize, 3 Kamsarmax, 4 Supramax) with an average age of 9.0 years aggregating 2.42 million dwt. The company also has on order 3 other new building vessels of which 1 is an MR product tanker and 2 Kamsarmax dry bulk carriers.
Great Eastern Shipping Company is India’s largest private sector shipping company. The company’s major businesses include shipping and offshore
| Company Name | CMP |
|---|---|
| Shipping Corpn. | 238.70 |
| GE Shipping | 1046.85 |
| Dredging Corp | 892.40 |
| Shreyas Shipping | 293.60 |
| Seamec | 1110.00 |
| View more.. | |
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