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Great Eastern Shipping Company Ltd share price logo

Great Eastern Shipping Company Ltd

(GESHIP)

₹1074.81.15%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Great Eastern Shipping Company Ltd Analyst Rating

based on 2 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 2 analysts offering long term price targets for Great Eastern Shipping Company Ltd. An average target of ₹1549.5

Source: S&P Global Market Intelligence

Great Eastern Shipping Company Ltd Share analysis

Great Eastern Shipping Company Ltd price forecast by 2 analysts

Upside of45.82%

High

₹1558

Target

₹1549.50

Low

₹1541

Great Eastern Shipping Company Ltd target price ₹1549.5, a slight upside of 45.82% compared to current price of ₹1074.8. According to 2 analysts rating.

Source: S&P Global Market Intelligence

Great Eastern Shipping Company Ltd Performance

  • Day's Low

    Day's High

    ₹1,040.1
    ₹1,080
  • 52 Week's Low

    52 Week's High

    ₹770
    ₹1,543.7
1 Month Return-15.12 %
3 Month Return-22.97 %
1 Year Return+ 33.47 %
Previous Close₹1,062.60
Open₹1,062.20
Volume3.14L
Upper Circuit-
Lower Circuit-
Market Cap₹15,170.44Cr

Great Eastern Shipping Company Ltd Key Statistics

P/E Ratio5.36
PEG Ratio0.25
Market Cap₹15,170.44 Cr
P/B Ratio1.38
EPS183.1
Dividend Yield3.63
SectorShipping
ROE22.1

Great Eastern Shipping Company Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹15,170.44 Cr51.35%0.60₹2,614 Cr₹5,255 Cr
HOLD₹8,385.27 Cr20.74%0.53₹342 Cr₹988 Cr
BUY₹2,78,582.32 Cr49.32%0.81₹8,103 Cr₹26,710 Cr

About Great Eastern Shipping Company Ltd

Great Eastern Shipping Company Ltd was incorporated in June 1919 and is India's largest private sector shipping company. Great Eastern Shipping Company Ltd operates in various lines of business including crude oil and product tankers, offshore, dry bulk carriers, and container vessels. The company also offers vessel management services and other related services.

Great Eastern Shipping Company Ltd's top products include crude oil and product tankers, offshore vessels, dry bulk carriers, and container vessels. The company's popular brands are GE Shipping, Greatship, and Great Offshore. The company's vessels are also equipped with modern technology and safety features to ensure safe and efficient operations. The company has a fleet of over 80 vessels and is one of the leading players in the global shipping industry.

Share Price: ₹1074.80 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹15,170.44Cr as of today
Revenue: ₹1,354.40Cr as on September 2024 (Q3 24)
Net Profit: ₹575.57Cr as on September 2024 (Q3 24)
Listing date: 03 Nov, 1994
Chairperson Name: K M Sheth
OrganisationGreat Eastern Shipping Company Ltd
Headquarters
IndustryShipping
E-voting on sharesClick here to vote

Key events for Great Eastern Shipping Company Ltd

  • Great Eastern Shipping Declares Dividend and Delivers Tanker - 14 Nov, 2024

    Great Eastern Shipping Company Ltd declared an interim dividend of ₹7.2 per share, effective November 19, 2024, and successfully delivered the Suezmax tanker 'Jag Lalit', maintaining a fleet of 40 vessels.

  • Great Eastern Shipping Faces Decline Amid Mixed Q2 Results - 08 Nov, 2024

    Great Eastern Shipping Company Ltd reported mixed Q2 results with a 3% decline in net profit despite a 10.2% increase in sales. The company declared a Rs 7.20 interim dividend, but shares fell significantly due to weaker performance and rising costs.

  • Great Eastern Shipping Stock Rallies Amid Market Decline - 07 Nov, 2024

    Great Eastern Shipping Company Ltd's stock surged over 6% despite a bearish market. FIIs increased their stake to 24.64%, reflecting strong investor confidence.

  • G E Shipping Sells Product Tanker Jag Padma - 31 Oct, 2024

    Great Eastern Shipping Company has entered into a contract to sell its medium-range product tanker, Jag Padma, built in 2005, with delivery expected by Q3 FY25. The fleet now consists of 41 vessels, maintaining a strong position in the market.

  • Great Eastern Shipping Expands Fleet with New Delivery - 21 Oct, 2024

    Great Eastern Shipping Company successfully delivered the Supramax Dry Bulk Carrier 'Jag Rani', increasing its fleet to 41 vessels. The company also plans to sell a Suezmax crude tanker by Q3 FY25.

  • Great Eastern Shipping Shares Surge on Bill Approval Hopes - 16 Oct, 2024

    Shares of Great Eastern Shipping Company rose significantly on October 16, 2024, driven by investor anticipation of the Coastal Shipping Bill 2024 approval, which is expected to enhance the shipping industry's regulatory environment.

Insights on Great Eastern Shipping Company Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 24.48% to 24.61% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 28.05% to 29.59% in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 30.07% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Aegis Logistics Ltd has given 168.4% return, outperforming this stock by 134.9%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Aegis Logistics Ltd has given 331.9% return, outperforming this stock by 92.5%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 1.72K Cr → 1.57K Cr (in ₹), with an average decrease of 4.3% per quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 16.16% to 15.08% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, GESHIP stock has moved down by -4.5%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 905.08 Cr → 575.57 Cr (in ₹), with an average decrease of 19.7% per quarter

Great Eastern Shipping Company Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹1,229.02Cr (-)₹1,245.13Cr (↑1.31%)₹1,497.33Cr (↑20.25%)₹1,508.23Cr (↑0.73%)₹1,354.40Cr (↓10.20%)
Net Income₹594.66Cr (-)₹538.17Cr (↓9.50%)₹905.08Cr (↑68.18%)₹811.94Cr (↓10.29%)₹575.57Cr (↓29.11%)
Net Profit Margin48.38% (-)43.22% (↓10.67%)60.45% (↑39.87%)53.83% (↓10.95%)42.50% (↓21.05%)
Value in ₹ crore
Details2021202220232024
Total Assets₹10,844.52Cr (-)₹10,968.51Cr (↑1.14%)₹12,026.31Cr (↑9.64%)₹13,611.70Cr (↑13.18%)
Total Liabilities₹4,746.53Cr (-)₹4,397.08Cr (↓7.36%)₹3,506.06Cr (↓20.26%)₹3,265.29Cr (↓6.87%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹1,142.16Cr (-)₹1,344.49Cr (↑17.71%)₹1,153.10Cr (↓14.24%)₹2,699.04Cr (↑134.07%)₹2,371.68Cr (↓12.13%)

Index Inclusions

BSE 500

₹34,361.41

-0.84 (-289.42%)

BSE Small-Cap

₹52,141.15

-0.67 (-349.79%)

Nifty Smallcap 50

₹8,513.50

-0.26 (-22.6%)

S&P BSE SmallCap Select

₹7,765.07

-0.18 (-13.89%)

S&P BSE 400 MidSmallCap

₹11,623.42

-0.49 (-57.13%)

Nifty MidSmallcap 400

₹18,989.75

-0.45 (-86.25%)

S&P BSE Infra.

₹592.73

-2.77 (-16.88%)

Nifty 500

₹21,820.85

-0.83 (-183.5%)

Nifty Small 100

₹17,596.60

-0.46 (-80.75%)

S&P BSE 250 SmallCap

₹6,734.99

-0.72 (-48.51%)

Nifty Smallcap 250

₹16,747.85

-0.58 (-97.4%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Great Eastern Shipping Company Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
30.07%
0.00
Foreign Institutions
24.61%
0.52
Mutual Funds
15.08%
-6.68
Retail Investors
29.59%
5.51
Others
0.65%
-47.77

Great Eastern Shipping Company Ltd Key Indicators

Details20202021202220232024
Earning Per Share (₹)14.0962.544.1180.36183.1
Details20202021202220232024
Return On Equity %3.4618.4512.8131.1722.1
Details20202021202220232024
Return On Assets %2.078.475.7421.4119.21
Details20202021202220232024
Book Value Per Share (₹)462.38524.21563.94719.71868.35

Great Eastern Shipping Company Ltd Valuation

Great Eastern Shipping Company Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-214.75x)

April 10, 2019

Today (5.36x)

November 19, 2024

Industry (12.12x)

November 19, 2024

Highest (39.56x)

January 22, 2018

LowHigh

Great Eastern Shipping Company Ltd Earnings and Dividends

  • Great Eastern Shipping Company Ltd Earnings Results

    Great Eastern Shipping Company Ltd’s net profit fell -3.21% since last year same period to ₹575.57Cr in the Q2 2024-2025. On a quarterly growth basis, Great Eastern Shipping Company Ltd has generated -29.11% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Great Eastern Shipping Company Ltd Dividends November,2024

    In the quarter ending September 2024, Great Eastern Shipping Company Ltd has declared dividend of ₹7.20 - translating a dividend yield of 3.13%.

    Read More about Dividends

Great Eastern Shipping Company Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Great Eastern Shipping Company Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Great Eastern Shipping Company Ltd (GESHIP) share price today is ₹1074.8

Great Eastern Shipping Company Ltd is listed on NSE

Great Eastern Shipping Company Ltd is listed on BSE

  • Today’s highest price of Great Eastern Shipping Company Ltd is ₹1080.
  • Today’s lowest price of Great Eastern Shipping Company Ltd is ₹1040.1.

PE Ratio of Great Eastern Shipping Company Ltd is 5.36

PE ratio = Great Eastern Shipping Company Ltd Market price per share / Great Eastern Shipping Company Ltd Earnings per share

Today’s traded volume of Great Eastern Shipping Company Ltd(GESHIP) is 3.14L.

Today’s market capitalisation of Great Eastern Shipping Company Ltd(GESHIP) is ₹15170.44Cr.

Great Eastern Shipping Company Ltd(GESHIPPrice
52 Week High
₹1543.7
52 Week Low
₹770

Great Eastern Shipping Company Ltd(GESHIP) share price is ₹1074.8. It is down -30.38% from its 52 Week High price of ₹1543.7

Great Eastern Shipping Company Ltd(GESHIP) share price is ₹1074.8. It is up 39.58% from its 52 Week Low price of ₹770

Great Eastern Shipping Company Ltd(GESHIPReturns
1 Day Returns
12.2%
1 Month Returns
-15.12%
3 Month Returns
-22.97%
1 Year Returns
33.47%