GE Shipping and Seamech experienced significant gains, increasing by up to 14%, thanks to impressive Q4 earnings reports. The surge is attributed to increased profitability for both companies, with GESCO reporting a staggering 187.5% year-over-year increase due to higher fleet deployment and utilization, while Seamech saw a 153% jump in profits under similar circumstances.
The Great Eastern Shipping Company Limited
GESHIPPrice History
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Investment analysts suggest considering purchases of PB Fintech and GE Shipping, predicting a possible 12% increase in value for both stocks.
NK Securities has offloaded approximately 9.1 lakh shares of The Great Eastern Shipping at an average price of around ₹1,688 each, as per NSE Bulk Trades data.
Great Eastern Shipping executed a significant block trade on the NSE, worth approximately $23 million, with each share priced at around Rs. 1700.60. The transaction involved nearly 100 thousand shares.
The Q4 2026 earnings call by Great Eastern Shipping failed to deliver crucial financial insights, as the discussion seemed to be largely introductory without significant managerial commentary.
Great Eastern Shipping has announced a ₹11.7 interim dividend per share for the fiscal year 2025-26. Shareholders must ensure their names are in the company's records by May 20, 2026, to receive the payment, which will be made on or after June 9, 2026.
Great Eastern Shipping reached a new peak of Rs. 1620.2 on May 15, 2026, signifying robust financial and operational success for the company.
GE Shipping announces a substantial dividend payout of ₹11.70 per share to its shareholders.
Great Eastern Shipping has reported a significant increase in their Q4 earnings, seeing a 188% surge in profits compared to the same period last year. This substantial boost was also reflected in their full-year financial performance.
GE Shipping's Q4 EBITDA significantly increased to ₹12.2 billion, marking a doubling compared to the previous year. The impressive increase in earnings was accompanied by an improved margin of 80.9%, demonstrating robust growth over the past year.
GE Shipping reported a substantial threefold increase in Q4 net profit to ₹1,044 crore, primarily due to foreign exchange gains. The company's revenue also grew by 23.6% year-on-year. Additionally, GE Shipping announced a dividend of ₹11.70 per share for its fleet of 39 vessels. However, despite the positive earnings report, shares finished the day at ₹1,493.90, registering a slight decrease of 0.32%.
Great Eastern Shipping reached a record high of Rs 1,613 on May 8, 2022, demonstrating robust financial performance and consistent market success.
Great Eastern Shipping will convene on May 14, 2026, to examine their FY26 financial results and contemplate proposing a potential dividend for shareholders.
Great Eastern Shipping experienced a significant jump of 4.4%, closing at Rs 1,540 on April 29, 2026. The stock performed exceptionally well compared to its sector and the broader market.
IOC and Gail are considered long-term investments, while IndiGo stock may face resistance around the ₹4,900 - ₹5,000 mark, according to experts. MTAR is suggested to be monitored closely.
Great Eastern Shipping is set to offload the 2003-built tanker Jag Pankhi in Q1 FY27, marking a sale. The company also intends to bolster its fleet by acquiring two secondhand vessels as part of its strategic expansion plan.
GE Shipping has agreed to sell the 2003-built medium-range tanker, JAG PANKHI. The deal marks another step in their ongoing business operations.
Great Eastern Shipping is set to sell its 2007-built tanker 'Jag Prakash' by Q1 of fiscal year 2027, leading to a decrease in their fleet size to 40 vessels.
Great Eastern Shipping announces the sale of the 2007-built tanker, Jag Prakash. This move is part of their ongoing efforts to adjust their fleet composition.
Great Eastern Shipping saw a 4.3% increase on BSE following the announcement of selling the tanker 'Jag Prakash'. The sale, part of a fleet optimization strategy, involves acquiring newer ships and upholding robust financial health.
Vinay Rajani, of HDFC Securities, suggests investors consider GE Shipping and Arvind for short-term profits, with predicted prices at Rs 1,590 and Rs 388 respectively. Markets were down on April 6 due to Middle East tensions, with both Nifty 50 and Sensex declining. Brent crude oil reached $110/barrel, causing mixed results in Asian markets.
Great Eastern Shipping has added a 2014-built, 49,420 dwt tanker to their fleet, marking the acquisition for the first quarter of FY27. The company is financing the purchase using its own funds.
GE Shipping's shares surged 2.9% after announcing the acquisition of a Medium Range Tanker, indicating a continued emphasis on fleet expansion. The strong financial health of the company allows for internal funding, ensuring high fleet utilization rates.
Great Eastern Shipping has offloaded the VLGC Jag Vishnu, a vessel built in 2002. The sale was agreed upon in Q3 of the current financial year. Now with 40 vessels and a combined deadweight tonnage of 3.2 million, the company plans to acquire a Kamsarmax before the first quarter of the next fiscal year.