03-09-2023 03:37 PM | Source: Accord Fintech
Great Eastern Shipping climbs after its arm takes delivery of anchor handling tug cum supply vessel
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Great Eastern Shipping Company is currently trading at Rs. 620.35, up by 12.90 points or 2.12% from its previous closing of Rs. 607.45 on the BSE.

The scrip opened at Rs. 602.20 and has touched a high and low of Rs. 626.15 and Rs. 602.20 respectively. So far 25441 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 748.45 on 21-Dec-2022 and a 52 week low of Rs. 316.85 on 09-Mar-2022.

Last one week high and low of the scrip stood at Rs. 626.15 and Rs. 575.25 respectively. The current market cap of the company is Rs. 8852.28 crore.

The promoters holding in the company stood at 30.07%, while Institutions and Non-Institutions held 42.20% and 27.72% respectively.

The Great Eastern Shipping Company’s wholly owned subsidiary -- Greatship (India) (GIL) has taken delivery of a 2007 built 80T Anchor Handling Tug cum Supply Vessel (AHTSV), ‘Greatship Amaira’. The Company had contracted to buy the vessel in January 2023.

With the delivery of ‘Greatship Amaira’, GIL and its subsidiaries currently own and operate four PSVs, nine AHTSVs, two MPSSVs, four R-class Supply Vessels and four Jack up rigs.

Great Eastern Shipping Company is India’s largest private sector shipping company. The company’s major businesses include shipping and offshore.