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Monday, 1 August 2016

GE Shipping Surges 5.6%

Great Eastern Shipping Company surged 5.6% to RS.354. The company has taken delivery of a new bulding resale Kamsarmax Dry Bulk carrier "Jag Aalok" of about 82023 dwt. The company had contracted to buy the ship i aprial 2016 .The vessel has been bulit at Jiangsu New yangi shipbuilding company,P.R Chaina.
The scrip opened at RS 345.35 and has touched a high and low of RS. 357 and 345 receptively. so for 91446 share wee traded on the counter. the current market cap of the company is 5056.31 crore.
The BSE group "A" stock of face value RS.10 has touched a 52 week high of 420 on Nov 2015 and a 52-week low of RS 275  on mar-2016. last on  week high and low of the scrip stood at RS 346 and 332 respectively.
The prooters holding in the company stood at 30.41%while Institution held 42.15%and 27.16% respectively.
The stock is currently trading above its 200 DMA

GESC  Share  price

NSE :355.00 INR.
+19.80 (5.91%)

Open 350
High 356
low 342