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Great Eastern Shipping Company Ltd (GESC.NS)

GESC.NS on National Stock Exchange of India

336.25INR
10:44am BST
Change (% chg)

Rs5.80 (+1.76%)
Prev Close
Rs330.45
Open
Rs330.05
Day's High
Rs339.50
Day's Low
Rs325.50
Volume
15,652
Avg. Vol
112,474
52-wk High
Rs485.00
52-wk Low
Rs325.50

Latest Key Developments (Source: Significant Developments)

India's Great Eastern Shipping Sept qtr consol profit slumps
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Great Eastern Shipping Company Ltd :Sept quarter consol net profit 68.6 million rupees versus 2.86 billion rupees last year.Sept quarter consol total income 8.15 billion rupees versus 9.57 billion rupees last year.  Full Article

India's Great Eastern Shipping June-qtr consol PAT down about 58 pct
Thursday, 10 Aug 2017 

Aug 10 (Reuters) - India's Great Eastern Shipping Company Ltd :June quarter consol pat 1.04 billion rupees versus profit of 2.48 billion rupees last year.June quarter consol revenue from operations 7.38 billion rupees versus 8.09 billion rupees last year.  Full Article

Great Eastern Shipping Co unit approves merger of Greatship Global Holdings, Mauritius into unit
Monday, 7 Aug 2017 

Aug 7 (Reuters) - Great Eastern Shipping Company Ltd :Board of Greatship (India) granted in principle approval to merger of Greatship Global Holdings, Mauritius into GIL.  Full Article

Great Eastern Shipping signs contract to buy LR2 product carrier
Thursday, 3 Aug 2017 

Aug 3 (Reuters) - Great Eastern Shipping Company Ltd ::Says signed a contract to buy a secondhand lr2 product carrier of about 105,000 dwt.Says ‍2009 built vessel is expected to join company's fleet in Q2/Q3 FY18​.  Full Article

Great Eastern Shipping Company unit acquires full ownership of jack up rigs
Tuesday, 20 Jun 2017 

June 20 (Reuters) - Great Eastern Shipping Company Ltd :Unit, Greatship (India) acquired full ownership of jack up rigs from Greatship Global Energy Services.  Full Article

Great Eastern Shipping to consider issue of NCDs worth up to 1.50 bln rupees
Thursday, 18 May 2017 

May 18 (Reuters) - Great Eastern Shipping Company Ltd :Says to consider issue of ncds worth up to inr 1.50 billion by way of private placement.  Full Article

Great Eastern Shipping Company recommends dividend of 6.50 rupees per share
Friday, 5 May 2017 

May 5 (Reuters) - Great Eastern Shipping Company Ltd :Recommended dividend of 6.50 rupees per share.Says approved NCDs not exceeding 10 billion rupees.  Full Article

Great Eastern Shipping unit completes buying shares of Greatship Global Energy Services
Wednesday, 29 Mar 2017 

Great Eastern Shipping Company Ltd : Says unit completed acquisition of shares of Greatship Global Energy Services Pte. Ltd . Says acquisition was from Greatship Global Holdings Ltd. ('GGHL'), a wholly-owned subsidiary of GIL .Says GGES is now the direct 100% wholly owned subsidiary of GIL w.e.f. March 28, 2017.  Full Article

Great Eastern Shipping Dec-qtr consol profit falls about 33 pct
Friday, 3 Feb 2017 

Great Eastern Shipping Company Ltd : Dec quarter consol net profit 2.38 billion rupees . Dec quarter consol total income from operations 7.49 billion rupees . consol net profit in Dec quarter last year was 3.58 billion rupees as per ind-as; consol total income from operations was 9.71 billion rupees .Says declared an interim dividend of INR 3.60 per share.  Full Article

Great Eastern Shipping approves rationalization of manner of holding overseas assets via foreign unit
Tuesday, 31 Jan 2017 

Great Eastern Shipping Company Ltd : Says approved rationalization of its manner of holding overseas assets via foreign subsidiary . Says further decided to acquire full ownership of the jack up rigs of GGES .Says the re-structuring is expected to have only a very marginal (if any) impact on cash flow..  Full Article

UPDATE 1-Indian oil refiners issue tanker tenders aimed at boosting domestic shipping

* Chartering prices linked to Clarkson publications (Adds changes in shipping company share prices)