Global Offshore Services reports consolidated net loss of Rs 13.61 crore in the March 2022 quarter

Mumbai-based Global Offshore Services is an offshore oil and gas support service. SBI contends that Global Offshore owes about Rs 600 crore to the bank.

SBI seeks insolvency proceedings against Global Offshore Services

Global Offshore Services reports consolidated net loss of Rs 17.73 crore in the September 2021 quarter

Global Offshore Services consolidated net profit rises 268.72% in the March 2021 quarter

The Financial News section features stock market news in addition to stories about bonds, forex, commodities and economic releases.

BRIEF-Global Offshore Services - Approved Sale Of Investment In Netherland Unit - Investing.com India

Global Offshore Services reports consolidated net loss of Rs 4.66 crore in the September 2020 quarter

Geopolitical conditions have a direct impact on trade and economic activities of a country. According to Gartner Inc, recent events like the Sri Lankan terrorist attacks, the US-China trade dispute and political tensions in Hong Kong are raising fears of delivery disruptions. This could further affect global offshore services market.

Companies must review outsourcing to mitigate geopolitical risk: Gartner

According to Gartner, Inc., fears of geopolitical instability may impact the global offshore services market, as sourcing, procurement and vendor management executives review their options to mitigate risk. 

Organisations must review outsourcing arrangements to mitigate geopolitical risk: Gartner

The creamy layer - amongst the top performing stocks

Performance

Can be considered moderately valued vs the market

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Global Offshore Services Limited is engaged in providing offshore support services to exploration and production companies.