GE Shipping rises as board to mull buyback proposal
Mumbai, Aug. 25 -- The announcement was made after market hours on Monday, 24 August 2026.
As of 30 June 2026, promoters held a 30.07% stake in the company.
Great Eastern Shipping Company (GE Shipping), along with its subsidiaries is a major player in the Indian shipping and oil drilling services industry.
The company posted a consolidated net profit of Rs 1,308.84 crore in Q1 FY27, registering a 159.43% year-on-year (YoY) increase from the corresponding quarter last year. Revenue from operations surged 66.91% YoY to Rs 2,005.36 crore.
Published by HT Digital Content Services with permission from Capital Market....
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