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Great Eastern Shipping Company Ltd share price logo

Great Eastern Shipping Company Ltd

(GESHIP)

₹1202.652.5%

as on 04:01PM, 07 Oct 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 ₹1601

Source: S&P Global Market Intelligence

Great Eastern Shipping Company Ltd Share analysis

Great Eastern Shipping Company Ltd price forecast by 2 analysts

Upside of29.80%

High

₹1612

Target

₹1601.00

Low

₹1590

Great Eastern Shipping Company Ltd target price ₹1601, a slight upside of 29.8% compared to current price of ₹1202.65. According to 2 analysts rating.

Source: S&P Global Market Intelligence

Great Eastern Shipping Company Ltd Performance

  • Day's Low

    Day's High

    ₹1,178.1
    ₹1,244.4
  • 52 Week's Low

    52 Week's High

    ₹727.5
    ₹1,543.7
1 Month Return-3.16 %
3 Month Return-8.17 %
1 Year Return+ 45.48 %
Previous Close₹1,233.45
Open₹1,235.95
Volume4.27L
Upper Circuit-
Lower Circuit-
Market Cap₹17,609.62Cr

Great Eastern Shipping Company Ltd Key Statistics

P/E Ratio6.18
PEG Ratio0.57
Market Cap₹17,609.62 Cr
P/B Ratio1.38
EPS183.1
Dividend Yield4.38
SectorShipping
ROE22.1

Great Eastern Shipping Company Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹17,609.62 Cr64.83%0.60₹2,614 Cr₹5,255 Cr
NA₹10,359.64 Cr32.2%0.53₹342 Cr₹988 Cr
BUY₹3,05,378.84 Cr51.53%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: ₹1202.65 per share as on 07 Oct, 2024 04:01 PM
Market Capitalisation: ₹17,609.62Cr as of today
Revenue: ₹1,508.23Cr as on June 2024 (Q2 24)
Net Profit: ₹811.94Cr as on June 2024 (Q2 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 Considers Container Shipping Entry - 02 Oct, 2024

    Great Eastern Shipping Company Ltd is evaluating the possibility of entering the container shipping sector, as stated by General Manager Rahul Sheth during an earnings call.

  • G E Shipping Delivers Tanker, Shares Decline - 30 Sep, 2024

    Great Eastern Shipping Company has delivered the 2005-built Medium Range Product Tanker 'Jag Pranav'. The company is also selling additional vessels, while shares fell 1.24% to Rs 1,194.70.

  • Great Eastern Shipping Considers Container Shipping Entry - 17 Sep, 2024

    Great Eastern Shipping Company is evaluating a potential entry into the container shipping sector as a diversification strategy to mitigate risks from oil trade. The company aims to capitalize on market conditions, although it may take time to enter this space.

  • GE Shipping Sells Suezmax Tanker 'Jag Lalit' - 13 Sep, 2024

    Great Eastern Shipping Company has contracted to sell its 2005-built Suezmax Crude Tanker 'Jag Lalit' to an unaffiliated third party, continuing its fleet adjustment strategy. The vessel will be delivered by the third quarter of fiscal year 2025.

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

    Price Rise

    img

    In the last 7 days, GESHIP stock has moved up by 2.7%

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 25.90% to 28.05% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 16.13% to 16.16% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, GESHIP has outperformed top 5 stocks with highest market-cap in Oil & Gas Transportation Services

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Aegis Logistics Ltd has given 124.6% return, outperforming this stock by 79.1%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 1.72K Cr → 1.70K Cr (in ₹), with an average decrease of 1.4% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 27.39% to 24.48% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 905.08 Cr → 811.94 Cr (in ₹), with an average decrease of 10.3% per quarter

Great Eastern Shipping Company Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹1,283.69Cr (-)₹1,229.02Cr (↓4.26%)₹1,245.13Cr (↑1.31%)₹1,497.33Cr (↑20.25%)₹1,508.23Cr (↑0.73%)
Net Income₹576.27Cr (-)₹594.66Cr (↑3.19%)₹538.17Cr (↓9.50%)₹905.08Cr (↑68.18%)₹811.94Cr (↓10.29%)
Net Profit Margin44.89% (-)48.38% (↑7.77%)43.22% (↓10.67%)60.45% (↑39.87%)53.83% (↓10.95%)
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

S&P BSE Infra.

₹657.68

-3.47 (-23.61%)

Nifty Smallcap 250

₹17,514.50

-2.81 (-507.15%)

Nifty MidSmallcap 400

₹19,955.20

-2.33 (-476%)

S&P BSE SmallCap Select

₹8,151.43

-2.57 (-214.79%)

BSE Small-Cap

₹54,117.72

-3.27 (-1827.59%)

Nifty Smallcap 50

₹8,804.45

-2.58 (-233.05%)

S&P BSE 400 MidSmallCap

₹12,303.03

-2.25 (-283.33%)

Nifty Small 100

₹18,242.85

-2.75 (-515.8%)

BSE 500

₹36,550.05

-1.46 (-542.28%)

S&P BSE 250 SmallCap

₹7,108.06

-2.84 (-207.45%)

Nifty 500

₹23,181.95

-1.5 (-353%)

S&P BSE AllCap

₹10,681.31

-1.61 (-174.45%)

Great Eastern Shipping Company Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
30.07%
0.00
Foreign Institutions
24.48%
-10.64
Mutual Funds
16.16%
0.16
Retail Investors
28.05%
8.30
Others
1.24%
147.76

Great Eastern Shipping Company Ltd Key Indicators

Details20202021202220232024
Book Value Per Share (₹)462.38524.21563.94719.71868.35
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

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 (6.18x)

October 4, 2024

Industry (14.09x)

October 4, 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 jumped 40.9% since last year same period to ₹811.94Cr in the Q1 2024-2025. On a quarterly growth basis, Great Eastern Shipping Company Ltd has generated -10.29% fall in its net profits since last 3-months.

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

    In the quarter ending June 2024, Great Eastern Shipping Company Ltd has declared dividend of ₹9 - translating a dividend yield of 3.67%.

    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 ₹1202.65

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 ₹1244.4.
  • Today’s lowest price of Great Eastern Shipping Company Ltd is ₹1178.1.

PE Ratio of Great Eastern Shipping Company Ltd is 6.18

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 4.27L.

Today’s market capitalisation of Great Eastern Shipping Company Ltd(GESHIP) is ₹17609.62Cr.

Great Eastern Shipping Company Ltd(GESHIPPrice
52 Week High
₹1543.7
52 Week Low
₹727.5

Great Eastern Shipping Company Ltd(GESHIP) share price is ₹1202.65. It is down -22.09% from its 52 Week High price of ₹1543.7

Great Eastern Shipping Company Ltd(GESHIP) share price is ₹1202.65. It is up 65.31% from its 52 Week Low price of ₹727.5

Great Eastern Shipping Company Ltd(GESHIPReturns
1 Day Returns
-30.8%
1 Month Returns
-3.16%
3 Month Returns
-8.17%
1 Year Returns
45.48%