The Board of Directors of GE Shipping has appointed Keki Mistry as Additional and Independent Director for a tenure of 5 years with effect from August 9, 2023.

GE Shipping hits 52-week high on strong Q1 earnings, selection of Keki Mistry as director

GE Shipping Consolidated June 2023 Net Sales at Rs 1,283.69 crore, down 6.03% Y-o-Y

Buzzing stocks of Vedanta, L&T Finance Holdings, Airtel, Zomato, Ether Motors, Adani Enterprises, Adani Power, Nazara Tech, Delta Corp, JSW Steel, Nykaa, M&M Financial, Clean Science, Dabur, GE Shipping, HCC, ICRA, Karnataka Bank, KEC Intl, LIC Housing, Sun Pharma, Piramal Pharma, Radio Khaitan, Tub…

Stocks to watch on August 3, 2023

Have seen 4 quarters of strong performance in tanker business, says G Shivakumar of #GEShipping. Tells @prashantnair, @_soniashenoy & @Nigel_Dsouza that they will wait for right prices to buy more ships.

#geshipping #Q4FY23results #Q4FY23earnings #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday   

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GE Shipping's G Shivakumar Speaks On Strong Q4 Results & Outlook For Shipping Business | CNBC-TV18

Great Eastern Shipping Company Ltd (GE Shipping), the country’s largest private ship liner, on Friday reported a nearly four-fold jump in its consolidated net profit to Rs 721.94 crore in the March 2023 quarter.

Great Eastern Shipping net profit jumps nearly four-fold to Rs 721.94 cr

The short-term outlook is bullish for the stock of Great Eastern Shipping Company

Today’s pick: Great Eastern Shipping Company (₹680.35): BUY

"Post the recent corrective phase in January and February, GE Shipping stock has resumed its ‘Higher Top Higher Bottom’ formations after showing a positive divergence around the recent lows," Ruchit Jain, Lead Research, 5paisa.com, said.

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Stock Radar: Buy GE Shipping for a target of Rs 665, says Ruchit Jain

ITI Ltd, Cyient Ltd, Great Eastern Shipping Company Ltd and Minda Corporation Ltd are among the other gainers in the BSE’s ‘A’ group today, 24 March 2023.

Aarti Drugs Ltd leads gainers in ‘A’ group

Kiri Industries Ltd, Macrotech Developers Ltd, Indian Railway Finance Corporation Ltd and Great Eastern Shipping Company Ltd are among the other gainers in the BSE’s ‘A’ group today, 02 March 2023.

Rail Vikas Nigam Ltd leads gainers in ‘A’ group

GE Shipping Consolidated December 2022 Net Sales at Rs 1,421.03 crore, up 51.4% Y-o-Y

Auto stocks will be in focus as auto companies will start announcing monthly sales numbers for January starting from 1 February 2023.

Auto stocks, Coal India, KPIT Tech, GE Shipping in focus

Price return has been average, nothing exciting

Performance

Undervalued compared to the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

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

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

The Great Eastern Shipping Company is engaged in the business of providing shipping services like transportation of crude oil, petroleum products, gas and dry bulk commodities. 