# GESHIP (GESHIP) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/geship

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,432.8
- Change: +0.54%
- As of: 2026-09-18
- 1D return: +0.49%
- 5D return: +2.28%
- 1M return: +10.25%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, the stock is trading at ₹1432.1, showing a generally constructive technical stance across multiple timeframes. Daily and monthly timeframes exhibit bullish trends, with the price trading above key moving averages like the 20-day EMA (₹1375.76) and 50-day EMA (₹1375.47) on the daily chart, and above the 20-day EMA (₹1233.38) on the monthly chart. The weekly timeframe also indicates a bullish Supertrend, though the 20-week SMA slope is negative (-17.65), suggesting some short-term consolidation within the broader uptrend. The stock is positioned near the upper end of its recent trading range, with the 20-day range position at 0.95.

Nearest resistance is observed at ₹1440.03, approximately 0.55% above the current price, followed by ₹1448.72. Key support levels are identified at ₹1413.77 (pivot support) and ₹1403.8. The stock's annualized volatility stands at 34%, with a current drawdown of -17% and a maximum drawdown of -26% observed.

Key watch conditions include monitoring for a sustained move above the nearest resistance at ₹1440.03, which could signal further upside. Conversely, a break below the ₹1413.77 support level, particularly if accompanied by increased volume, may indicate a weakening of the current bullish setup.

- Daily and monthly timeframes show bullish trends, with prices above key moving averages.
- Weekly timeframe shows a bullish Supertrend, but with a negative 20-week SMA slope, indicating potential short-term consolidation.
- Nearest resistance is at ₹1440.03 (0.55% above current price), with support at ₹1413.77.
- Annualized volatility is 34%, with a current drawdown of -17%.
- Watch for a break above ₹1440.03 for potential upside or a break below ₹1413.77 as a sign of weakening.

- Inside Bar
- Hammer
- Morning Star
- Doji
- Harami
- Bearish Engulfing Reversal

### News Context

Great Eastern Shipping Co. provided updates on its share buyback program and received an ESG rating. The company continued its open market share repurchase, acquiring 1,235,657 shares by September 15, 2026, with a significant portion of 242,000 shares bought on that date at an average price of ₹1,400.07. Earlier in the week, on September 10, 2026, 175,000 shares were repurchased at an average of ₹1,400.73. The company also disclosed its ESG rating on September 18, 2026, noting an independent score of 61 from Niche Ninety Nine Capability and Certifications (OPC) Private Limited, based on publicly available data.

- On September 15, 2026, Great Eastern Shipping Co. purchased 242,000 shares as part of its buyback program at an average price of ₹1,400.07.
- The company's cumulative share buyback reached 1,235,657 shares by September 15, 2026.
- On September 10, 2026, 175,000 shares were bought back at an average price of ₹1,400.73.
- On September 18, 2026, the company announced an independently assigned ESG score of 61 from Niche Ninety Nine.

- The Great Eastern Shipping Company Limited has informed the Exchange about ESG Ratings of the Company. |SUBJECT: General Updates
- SUBJECT : Daily Buy-Back of equity shares
- SUBJECT : Daily Buy-Back of equity shares
- SUBJECT : Daily Buy-Back of equity shares
- SUBJECT : Daily Buy-Back of equity shares

### What Changed

Great Eastern Shipping Co. reported on September 18, 2026, that it received an overall ESG score of 61 from Niche Ninety Nine Capability and Certifications (OPC) Private Limited. The company noted that this rating was independently assigned based on publicly available data, and they did not engage the rating provider for this assessment. The stock's closing price on September 18, 2026, was ₹1432.1, a slight increase from the previous day's close of ₹1425.1. No significant changes in daily or weekly trends were observed.

- On September 18, 2026, Great Eastern Shipping Co. was assigned an overall ESG score of 61 by Niche Ninety Nine Capability and Certifications (OPC) Private Limited.
- The company stated that the ESG rating was independently assigned based on publicly available data.
- The closing price on September 18, 2026, was ₹1432.1, up from ₹1425.1 on the previous day.
- No material changes in daily or weekly technical trends were noted as of September 18, 2026.

- The Great Eastern Shipping Company Limited has informed the Exchange about ESG Ratings of the Company. |SUBJECT: General Updates

### Official Filings

The Great Eastern Shipping Company Limited has provided updates regarding its ongoing share buyback program and its ESG (Environmental, Social, and Governance) rating. The company commenced its open market share buyback on September 4, 2026, with a maximum authorized size of ₹900 crore and a price cap of ₹1,530 per share. This buyback excludes shares held by the promoter group and is managed by Kotak Mahindra Capital Company Limited. As of September 15, 2026, the company had cumulatively bought back 1,235,657 equity shares. Separately, an independent ESG rating provider, Niche Ninety Nine Capability and Certifications (OPC) Private Limited, assigned the company an overall ESG score of 61. The company noted that this rating was assigned independently based on publicly available data and was not solicited by the company.

- The company's open market share buyback, approved on August 27, 2026, commenced on September 4, 2026, with a maximum authorized size of ₹900 crore and a price limit of ₹1,530 per share.
- As of September 15, 2026, The Great Eastern Shipping Company Limited had repurchased a cumulative total of 1,235,657 equity shares through its buyback program.
- On September 15, 2026, the company purchased 242,000 shares at an average price of ₹1,400.0727 per share.
- On September 10, 2026, the company repurchased 175,000 shares at an average price of ₹1,400.73 per share.
- On September 9, 2026, the company bought back 1,43,401 shares at an average price of ₹1,391.4903 per share.
- Niche Ninety Nine Capability and Certifications (OPC) Private Limited assigned The Great Eastern Shipping Company Limited an overall ESG score of 61, based on publicly available data.

- The Great Eastern Shipping Company Limited has informed the Exchange about ESG Ratings of the Company. |SUBJECT: General Updates
- SUBJECT : Daily Buy-Back of equity shares
- SUBJECT : Daily Buy-Back of equity shares
- SUBJECT : Daily Buy-Back of equity shares
- SUBJECT : Daily Buy-Back of equity shares
- SUBJECT : Daily Buy-Back of equity shares
- The Great Eastern Shipping Company Limited has informed the Exchange about Commencement of Buyback on September 04, 2026 |SUBJECT: Buyback
- The Great Eastern Shipping Company Limited has informed the Exchange about that the Company has, on September 01, 2026, sent an intimation through electronic mode regarding the open market buyback offer to all its shareholders as on the date of making the Public Announcement |SUBJECT: Updates
- The Great Eastern Shipping Company Limited has informed the Exchange about public Announcement - Buyback of Shares |SUBJECT: Public Announcement - Buyback of Shares
- The Great Eastern Shipping Company Limited has informed the Exchange about Board Resolution pertaining to Buyback |SUBJECT: Buyback

### Fundamentals

Great Eastern Shipping Co. (GESHIP) reported a notable increase in its operating performance for the quarter ending June 2027 (Q1 FY27), with Revenue from Operations reaching ₹2,005.36 crore. This represents a significant rise from ₹1,454.44 crore in Q3 FY26 and ₹1,511.40 crore in Q4 FY26. The company's Profit Before Tax also showed a strong upward trend, increasing to ₹1,364.78 crore in Q1 FY27 from ₹846.54 crore in Q3 FY26 and ₹1,042.61 crore in Q4 FY26. Consequently, Profit Loss for the Period (Net Profit) rose to ₹1,308.84 crore in Q1 FY27. The Operating Profit Margin (OPM %) for Q1 FY27 was reported at 67.0%, an improvement from 54.0% in Q3 FY26 and 62.0% in Q4 FY26, indicating enhanced profitability on its core operations.

Looking at the balance sheet, GESHIP has demonstrated a consistent reduction in its Borrowings, which decreased from ₹3,649 crore in March 2023 to ₹3,048 crore in March 2024, and are projected to further decline to ₹2,163 crore by March 2025 and ₹1,087 crore by March 2026. This deleveraging is accompanied by a steady increase in Reserves, growing from ₹10,133 crore in March 2023 to ₹12,255 crore in March 2024, and projected to reach ₹16,820 crore by March 2026. The company's Cash from Operating Activity has remained robust, with ₹2,808 crore in March 2024, projected to be ₹2,647 crore in March 2025 and ₹2,854 crore in March 2026. Free Cash Flow was ₹2,373 crore in March 2024 and is projected to be ₹2,472 crore in March 2025, before a projected decrease to ₹1,276 crore in March 2026. The Cash Conversion Cycle has fluctuated, standing at 45 days in March 2024, projected to decrease to 33 days in March 2025, and then increase to 43 days in March 2026. Key monitoring areas include the trend in Cash Conversion Cycle and the continued reduction in borrowings.

- For the quarter ending June 2027 (Q1 FY27), Revenue from Operations was ₹2,005.36 crore, up from ₹1,454.44 crore in Q3 FY26.
- Profit Before Tax for Q1 FY27 was ₹1,364.78 crore, an increase from ₹846.54 crore in Q3 FY26.
- Operating Profit Margin (OPM %) improved to 67.0% in Q1 FY27 from 54.0% in Q3 FY26.
- Borrowings have decreased from ₹3,649 crore in March 2023 to a projected ₹1,087 crore by March 2026.
- Reserves have grown from ₹10,133 crore in March 2023 to a projected ₹16,820 crore by March 2026.

### Bull Case

Great Eastern Shipping Co. (GESHIP) on the NSE shows several indicators of operating and financial strength. The company has demonstrated consistent growth in sales and profits over the last five years and on a trailing twelve months (TTM) basis. Cash flow from operations has increased, contributing to a significant rise in free cash flow. Technically, the stock exhibits a bullish trend across daily, weekly, and monthly timeframes, supported by moving averages and the Supertrend indicator. The company has also reduced its borrowings from March 2019 to March 2020, while increasing its investments.

- Compounded sales growth was 10% over 5 years and 24% on a TTM basis.
- Compounded profit growth was 24% over 5 years and 126% on a TTM basis.
- Cash flow from operations increased to ₹1,481 crore in March 2020 from ₹1,096 crore in March 2019.
- Free Cash Flow rose to ₹1,385 crore in March 2020 from ₹481 crore in March 2019.
- Borrowings decreased to ₹5,295 crore in March 2020 from ₹5,999 crore in March 2019.
- Investments increased to ₹963 crore in March 2020 from ₹601 crore in March 2019.
- Technical indicators show a bullish trend on daily, weekly, and monthly charts, with the Supertrend indicator in a bullish direction.

### Bear Case

Great Eastern Shipping Co. has experienced an increase in its borrowings from ₹5,999 crore in March 2019 to ₹5,295 crore in March 2020. Concurrently, the company's equity capital decreased from ₹151 crore to ₹147 crore over the same period. The company also saw an increase in its construction work in progress (CWIP) from ₹14 crore to ₹123 crore between March 2019 and March 2020, alongside a rise in other liabilities from ₹1,562 crore to ₹1,742 crore. While total assets and total liabilities decreased, the proportion of debt within the liabilities structure warrants attention. Furthermore, cash flow from financing activities was negative, decreasing from -₹1,020 crore in March 2019 to -₹1,872 crore in March 2020, indicating significant debt repayment or dividend payouts.

- Borrowings increased from ₹5,999 crore in March 2019 to ₹5,295 crore in March 2020.
- Equity capital decreased from ₹151 crore in March 2019 to ₹147 crore in March 2020.
- Construction Work In Progress (CWIP) rose from ₹14 crore in March 2019 to ₹123 crore in March 2020.
- Other Liabilities increased from ₹1,562 crore in March 2019 to ₹1,742 crore in March 2020.
- Cash from Financing Activity was negative, decreasing from -₹1,020 crore in March 2019 to -₹1,872 crore in March 2020.

### FAQs

**How has Great Eastern Shipping Co. managed its debt and equity levels between March 2019 and March 2020?**

Between March 2019 and March 2020, Great Eastern Shipping Co. saw a reduction in its total borrowings from ₹5,999 crore to ₹5,295 crore. Concurrently, Equity Capital decreased slightly from ₹151 crore to ₹147 crore, while Reserves remained relatively stable, moving from ₹6,659 crore to ₹6,649 crore. Total Assets reduced from ₹14,370 crore to ₹13,833 crore, with a corresponding decrease in Total Liabilities.

**What has been the trend in Great Eastern Shipping Co.'s cash flow from operations and free cash flow over the last two reported periods?**

Great Eastern Shipping Co. experienced an increase in its cash flow from operating activities, rising from ₹1,096 crore in March 2019 to ₹1,481 crore in March 2020. Free Cash Flow also saw a significant increase, growing from ₹481 crore in March 2019 to ₹1,385 crore in March 2020. The company's cash flow from financing activities was negative in both periods, decreasing from -₹1,020 crore in March 2019 to -₹1,872 crore in March 2020.

**What is the recent activity regarding Great Eastern Shipping Co.'s share buyback program?**

As of September 15, 2026, Great Eastern Shipping Co. had purchased a cumulative total of 1,235,657 equity shares through its open market buyback program. On September 15, 2026, the company acquired 242,000 shares at an average price of ₹1,400.0727 per share. Prior to this, on September 10, 2026, 175,000 shares were repurchased at an average price of ₹1,400.73 per share, and on September 9, 2026, 1,43,401 shares were bought back at an average price of ₹1,391.4903 per share.

**What are the key technical indicators suggesting about Great Eastern Shipping Co.'s current trend?**

As of September 18, 2026, daily technical indicators suggest a bullish trend for Great Eastern Shipping Co. The Supertrend is indicating 'bullish' at ₹1,319.85. The 20-day Exponential Moving Average (EMA) is at ₹1,375.76, and the 50-day EMA is at ₹1,375.47, with both showing upward slopes. On a monthly basis, the Supertrend is also 'bullish' at ₹1,040.11, with the 20-day EMA at ₹1,233.38 and the 50-day SMA at ₹1,161.88.

**What recent ESG rating has Great Eastern Shipping Co. received?**

On September 18, 2026, Great Eastern Shipping Co. disclosed that Niche Ninety Nine Capability and Certifications (OPC) Private Limited assigned the company an overall ESG score of 61. The company noted that this rating was independently assigned based on publicly available data and was not solicited by the company.

- The Great Eastern Shipping Company Limited has informed the Exchange about ESG Ratings of the Company. |SUBJECT: General Updates
- SUBJECT : Daily Buy-Back of equity shares
- SUBJECT : Daily Buy-Back of equity shares
- SUBJECT : Daily Buy-Back of equity shares
- SUBJECT : Daily Buy-Back of equity shares
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Uptrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹1,413.77
- Risk regime: Price Risk Requires Attention

### Support levels
- 1403.8
- 1338.675
- 1320

### Resistance levels
- 1448.725
- 1469.625
- 1505.6

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +0.49% |
| return_10 | +5.80% |
| return_1m | +9.92% |
| return_1y | +35.15% |
| return_20 | +10.25% |
| return_3m | +1.42% |
| return_5 | +2.28% |
| return_6m | -0.62% |
| return_since_start | +47.65% |
| return_ytd | +28.49% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -25.86% |
| annualized_volatility | +34.39% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Profit Growth Outpaces Revenue Growth as Expenses Rise More Slowly

The Great Eastern Shipping Company Limited reported a sharp year-over-year rise in both the top line and bottom line in the first quarter of FY2026‑27. Operating revenue climbed by approximately 67%, while total expenses increased by only 15%. Because costs did not expand at the same pace as income, profit before tax more than doubled, continuing a five‑quarter sequence of rising profits. A noteworthy component of total income was other income of ₹280.85 crore, which added to the revenue from operations.

## Revenue and Income Composition

Revenue from operations stood at ₹2,005.36 crore in the current quarter, an increase of ₹803.89 crore, or 66.91%, compared with the same quarter last year. Quarter‑on‑quarter, the figure rose 32.68% from the previous quarter.

The broader measure “Segment Revenue from Operations” — which for this quarter equals revenue from operations plus other income — reached ₹2,286.21 crore. That total was 71.01% higher than the ₹1,336.88 crore recorded in the year‑ago quarter, an increase of ₹949.33 crore. In the current quarter, the ₹280.85 crore of other income accounted for about 12% of that total.

Revenue from operations has risen in every quarter across the five‑quarter span from Q1 FY2025‑26 to Q1 FY2026‑27. Segment revenue from operations also increased each quarter over the same period.

## Expense Trends and Finance Costs

Total expenses for the quarter were ₹921.43 crore, an increase of ₹120.51 crore, or 15.05%, from the year‑ago figure. This growth was far slower than the 71.01% rise in segment revenue from operations, allowing a much larger portion of each additional rupee of income to flow through to profit.

The two largest disclosed expense items were employee benefit expenses at ₹259.92 crore and depreciation at ₹233.86 crore. Together they represented just over half of total expenses.

Finance costs fell to ₹19.94 crore from ₹44.87 crore in the same quarter last year, a reduction of 55.56%. The figure has declined in every quarter over the five‑quarter window, dropping from ₹44.87 crore in Q1 FY2025‑26 to ₹22.90 crore in Q4 FY2025‑26 and then to ₹19.94 crore in the current quarter.

When the increase in segment revenue from operations (₹949.33 crore) is offset by the increase in total expenses (₹120.51 crore), the resulting difference equals the ₹828.82 crore rise in profit before tax. This arithmetic highlights how the relatively modest rise in expenses magnified the profit effect of revenue growth.

## Profitability and Earnings Per Share

Profit before tax reached ₹1,364.78 crore, up 154.64% from ₹535.96 crore in the prior‑year quarter. The metric has climbed sequentially in each of the last five quarters:
- Q1 FY2025‑26: ₹535.96 crore
- Q2 FY2025‑26: ₹600.68 crore
- Q3 FY2025‑26: ₹846.54 crore
- Q4 FY2025‑26: ₹1,042.61 crore
- Q1 FY2026‑27: ₹1,364.78 crore

Net profit for the period rose to ₹1,308.84 crore, an increase of 159.43% from ₹504.50 crore a year ago.

Earnings per share followed the same upward path. Basic earnings per share reached ₹91.68, compared with ₹35.34 in the same quarter last year. Diluted earnings per share stood at ₹91.49 (₹35.27 a year earlier).

## Profit Before Tax to Net Profit Reconciliation

The gap between profit before tax and net profit varied across quarters. In the current quarter, net profit was ₹55.94 crore lower than profit before tax; a year ago that difference was ₹31.46 crore. In the immediately preceding quarter (Q4 FY2025‑26), net profit exceeded profit before tax by ₹1.48 crore. These movements reflect changes in the effective tax charge and other adjustments between the two lines. The current‑quarter difference represents about 4.1% of the pre‑tax figure.

## Key Takeaway

Revenue expanded sharply while expenses grew at a much slower rate, allowing profit before tax to more than double. This dynamic continued a pattern of rising quarterly profits, aided by a steady reduction in finance costs that helped keep expense growth in check.

### Ratios

## Official filings

- 2026-09-18 — Generic Announcement: The Great Eastern Shipping Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GESHIP_18092026110013_ESGrating.pdf)
- 2026-09-18 — Official Filing: The Great Eastern Shipping Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GESHIP_18092026155830_drsept18.pdf)
- 2026-09-15 — Official Filing: The Great Eastern Shipping Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GESHIP_15092026182632_drsept15.pdf)
- 2026-09-10 — Official Filing: The Great Eastern Shipping Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GESHIP_10092026154954_sept10.pdf)
- 2026-09-09 — Official Filing: The Great Eastern Shipping Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GESHIP_09092026175740_drsep09.pdf)
- 2026-09-08 — Official Filing: The Great Eastern Shipping Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GESHIP_08092026174414_dailyreport.pdf)
- 2026-09-04 — Official Filing: The Great Eastern Shipping Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GESHIP_04092026170001_drsep04.pdf)
- 2026-09-03 — Generic Announcement: The Great Eastern Shipping Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GESHIP_03092026160700_commencementofbuyback.pdf)
- 2026-09-02 — Generic Announcement: The Great Eastern Shipping Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GESHIP_02092026151209_letter.pdf)
- 2026-08-31 — Generic Announcement: The Great Eastern Shipping Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GESHIP_31082026180630_seletter.pdf)
- 2026-08-31 — Generic Announcement: The Great Eastern Shipping Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GESHIP_31082026180834_seletter.pdf)
- 2026-08-31 — Generic Announcement: The Great Eastern Shipping Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GESHIP_31082026180917_seletter.pdf)
- 2026-08-27 — Generic Announcement: The Great Eastern Shipping Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/BUYBACK_OPEN_MARKET_2463_WebXMLFile_20260827_185058927.xml)
- 2026-08-27 — Generic Announcement: The Great Eastern Shipping Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/OUTCOME_2463_WebXMLFile_20260827_185051582.xml)
- 2026-08-24 — Board Meeting Notice: The Great Eastern Shipping Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GESHIP_24082026160830_Boardintimation.pdf)
- 2026-08-24 — Generic Announcement: The Great Eastern Shipping Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GESHIP_24082026162612_Boardintimation.pdf)
- 2026-08-24 — Generic Announcement: The Great Eastern Shipping Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_2463_WebXMLFile_20260824_163916392.xml)
- 2026-08-24 — Board Meeting Notice: The Great Eastern Shipping Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2463_WebXMLFile_20260824_163418359.xml)
- 2026-08-24 — Generic Announcement: The Great Eastern Shipping Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2463_WebXMLFile_20260824_163418359.xml)
- 2026-08-20 — Generic Announcement: The Great Eastern Shipping Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2463_WebXMLFile_20260820_150627332.xml)
- 2026-08-20 — Generic Announcement: The Great Eastern Shipping Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GESHIP_20082026150205_analystmeetsept2026.pdf)
- 2026-08-13 — Generic Announcement: The Great Eastern Shipping Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GESHIP_13082026103839_esgratings.pdf)
- 2026-08-11 — Generic Announcement: The Great Eastern Shipping Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GESHIP_11082026112556_earningscalltransacript.pdf)
- 2026-08-07 — Generic Announcement: The Great Eastern Shipping Company Limited is notifying shareholders about a special window, from February 5, 2026, to February 4, 2027, to facilitate the transfer and dematerialization of physical securities sold or purchased before April 1, 2019, or those previously rejected for transfer. This initiative, prompted by a SEBI circular, aims to process these securities exclusively in demat form. The company published this notice on August 7, 2026, in Business Standard and its Marathi translation, Sakal. — [Official attachment](https://nsearchives.nseindia.com/corporate/GESHIP_07082026151633_GESL_SE_Notice_Spl_Wnidow_Trf_Phy_Shares_07082026_Signed.pdf)
- 2026-08-07 — Official Filing: The Great Eastern Shipping Company Limited contracted to buy a secondhand Kamsarmax Dry Bulk carrier of approximately 81,886 dwt on August 7, 2026. The 2015-built vessel is expected to join the company's fleet in Q3 FY27 and will be financed through internal accruals. This acquisition is intended for fleet expansion, bringing the company's owned fleet to 40 vessels.

## News and market events

- 2026-09-09 — BUSINESSTODAY: **Top stocks in news: Biocon, TCS, Bank of Baroda, NLC India, Innovision, GE Shipping, Moschip, Raymond** — Stocks in news, Stocks in buzz, Stocks to buy, Stocks to watch, Biocon, TCS, Bank of Baroda, NLC India, Innovision, GE Shipping, Moschip, Raymond, Berger Paints, Tata Consultancy Services, Enviro Infra Engineers, Moschip Technologies, Great Eastern Shipping Company, Laxmi Organic Industries, Fermenta Biotech — [Source](https://www.businesstoday.in/markets/stocks/story/top-stocks-in-news-biocon-tcs-bank-of-baroda-nlc-india-innovision-ge-shipping-moschip-raymond-554118-2026-09-09)
- 2026-09-09 — Economic Times: **Stocks in news: Biocon, Bank of Baroda, TCS, Sanofi India and Tata Capital** — Indian equity markets hit a seven-week low on Tuesday, primarily due to escalating crude oil prices and geopolitical instability that swayed investor morale. Notably, Bank of Baroda announced plans to divest its interest in the NSE, while TCS secured a major contract. Other companies such as Sanofi India and Piramal Finance also shared pivotal developments, highlighting a mixed bag of corporate activity. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-biocon-bank-of-baroda-tcs-sanofi-india-and-tata-capital/articleshow/133910314.cms)
- 2026-09-08 — BUSINESS: **Great Eastern Shipping Company contract to buy secondhand Kamsarmax dry bulk carrier** — The proposed vessel will be financed entirely from internal accruals. The purpose of the acquisition is expansion of the fleet. — [Source](https://www.business-standard.com/markets/capital-market-news/great-eastern-shipping-company-contract-to-buy-secondhand-kamsarmax-dry-bulk-carrier-126090801300_1.html)
- 2026-09-08 — CNBC-TV18: **GE Shipping to buy secondhand Kamsarmax vessel for fleet expansion** — The 2019-built dry bulk carrier has a capacity of about 81,609 deadweight tonnes and is expected to join GE Shipping’s fleet in the third quarter of fiscal 2027. — [Source](https://www.cnbctv18.com/market/stocks/ge-shipping-share-price-buy-secondhand-kamsarmax-vessel-another-deal-expected-q3-fy27-19986799.htm)
- 2026-08-28 — BUSINESS: **Sensex, Nifty snap two-day losing streak; IT stocks surge, breadth positive** — Key equity benchmarks rebounded on Friday, snapping a two-session losing streak, as a sharp rally in IT stocks helped offset weakness in select heavyweight banking and consumer-facing stocks. The rally in IT shares was supported partly by stronger global technology sentiment following upbeat Nvidia results. Pharma and metal stocks also gained, while FMCG and consumer durable stocks declined. Investor sentiment remained cautious ahead of Kevin Warsh's speech later today. Warsh is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. The address is being closely watched for clues on the US central bank's monetary policy outlook. Firm crude oil prices also weighed on sentiment. — [Source](https://www.business-standard.com/markets/capital-market-news/sensex-nifty-snap-two-day-losing-streak-it-stocks-surge-breadth-positive-126082800928_1.html)
- 2026-08-28 — BUSINESS: **Indices snap 2-day losses; IT shares rally** — Market participants remained focused on the upcoming speech by Kevin Warsh, who is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. The address is being closely watched for indications of the US central banks monetary policy outlook. — [Source](https://www.business-standard.com/markets/capital-market-news/indices-snap-2-day-losses-it-shares-rally-126082800851_1.html)
- 2026-08-28 — BUSINESS: **Sensex, Nifty trade marginally higher; European mrkt advance** — Market participants remained focused on the upcoming speech by Kevin Warsh, who is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. The address is being closely watched for indications of the US central banks monetary policy outlook. — [Source](https://www.business-standard.com/markets/capital-market-news/sensex-nifty-trade-marginally-higher-european-mrkt-advance-126082800589_1.html)
- 2026-08-28 — BUSINESS: **₹900 crore buyback announcement sees GE Shipping shares gain over 3%** — The Great Eastern Shipping Company has announced a share buyback programme worth ₹900 crore. — [Source](https://www.business-standard.com/markets/news/900-crore-buyback-announcement-sees-ge-shipping-shares-gain-over-3-126082800409_1.html)
- 2026-08-28 — BUSINESS: **Stock alert: Wipro, NBCC, Hero Motocorp, Adani Power, GE Shipping** — Shares of Tempsens Instruments will list on the stock exchanges today. The IPO received bids for 279.44 crore shares as against 1.51 crore shares on offer. The issue was subscribed 184.07 times. The price band of the IPO was fixed between Rs 285 and 300 per share. — [Source](https://www.business-standard.com/markets/capital-market-news/stock-alert-wipro-nbcc-hero-motocorp-adani-power-ge-shipping-126082800128_1.html)
- 2026-08-28 — CNBC-TV18: **GE Shipping Buyback: Firm to repurchase shares at a 16% premium** — The board of GE Shipping has approved the repurchase of up to 58.82 lakh equity shares, representing 4.12% of its total paid-up equity share capital, through the open market route. — [Source](https://www.cnbctv18.com/market/ge-shipping-share-buyback-firm-to-repurchase-shares-at-premium-record-date-promoter-stake-19978728.htm)
- 2026-08-25 — BUSINESS: **Sensex settles 287 pts higher; Nifty ends above 24,300 level** — As per provisional closing data, the S&P BSE Sensex jumped 286.98 points or 0.37% to 77,656.09. The Nifty 50 index added 115.50 points or 0.48% to 24,334.55. — [Source](https://www.business-standard.com/markets/capital-market-news/sensex-settles-287-pts-higher-nifty-ends-above-24-300-level-126082500830_1.html)
- 2026-08-25 — MONEYCONTROL: **Buzzing Stocks: Sigma Advanced Systems locked upper circuit on long-term contract; GE Shipping to consider buyback** — Buzzing Stocks — [Source](https://www.moneycontrol.com/news/business/markets/buzzing-stocks-sigma-advanced-systems-locked-upper-circuit-on-long-term-contract-ge-shipping-to-consider-buyback-14014520.html)
- 2026-08-25 — BUSINESS: **Stock Alert: TCS, ICICI Bank, Hindstan Copper, Afcons Infra, UCO Bank** — SunShine Pictures will list today on the stock exchanges. The issue opened for bidding on 18 August 2026 and it closed on 20 August 2026. The price band of the IPO was fixed between Rs 342 and 360 per share. The offer received bids for 58.04 crore shares as against 54.86 lakh shares on offer. The issue was subscribed 105.81 times. — [Source](https://www.business-standard.com/markets/capital-market-news/stock-alert-tcs-icici-bank-hindstan-copper-afcons-infra-uco-bank-126082500128_1.html)
- 2026-08-04 — CNBC-TV18: **Q1 Results LIVE Updates: Ather Energy shares surge over 15%; Bharti Airtel, ONGC report numbers today** — Q1 Results LIVE Updates: Two Nifty 50 companies Bharti Airtel, ONGC and Ajmera Realty, Alembic Pharma, BSE, Bharti Hexacom, Castrol, Godrej Properties, Greaves Cotton, Kalyan Jewellers, Marico, MCX, Nykaa, Metro Brands, NHPC, Motherson Sumi Wiring, Pidilite, Protean e-GOV, Keystone Realtors, RITES, Saregama, Safari Industries, Sanofi India, Tata Investment, Symphony, United Breweries, Uno Minda, VRL Logistics, Zydus Wellness, Welspun Enterprises, Wonderla Holidays, Prince Pipes, Metropolis Healthcare, CE InfoSystems, are among the other companies reporting their numbers today. Earnings reactions also come from stocks like DLF, IREDA, Torrent Power, and other such names. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-bharti-airtel-hexacom-ongc-dlf-sbi-funds-ireda-bse-mcx-kalyan-gcpl-marico-nykaa-pidilite-share-price-liveblog-19960965.htm)
- 2026-08-03 — FREEPRESSJOURNAL.IN: **Great Eastern Shipping Q1 Profit Jumps 159% To ₹1,308.84 Crore, Declares ₹14.40 Dividend** — Great Eastern Shipping Company Limited reported a substantial 159.48 per cent increase in consolidated net profit for the quarter ended 30 June 2026, reaching ₹1,308.84 crore. The company also declared an interim dividend of ₹14.40 per equity share — [Source](https://www.freepressjournal.in/business/great-eastern-shipping-q1-profit-jumps-159-to-130884-crore-declares-1440-dividend)
- 2026-08-03 — CNBC-TV18: **GE Shipping Q1 profit jumps over 2-fold to ₹1,309 crore on strong shipping business** — The Great Eastern Shipping Company reported a sharp rise in June quarter profit as higher revenue from its shipping operations boosted earnings and margins. The company also announced an interim dividend of ₹14.40 per share. — [Source](https://www.cnbctv18.com/market/earnings/ge-shipping-q1-profit-jumps-over-2-fold-to-rs-1309-crore-on-strong-shipping-business-19960678.htm)

## Business profile

**Strategic vision:** Provides shipping and offshore oilfield services.

### Business segments
- **Shipping:** This segment involves the transportation of liquid, gas, and solid bulk products using a fleet of crude oil carriers, product carriers, LPG carriers, and dry bulk carriers.
- **Offshore Oilfield Services:** Through its subsidiary, Greatship (India) Limited, the company provides offshore drilling, offshore support services, and port logistics for oil and gas exploration and production companies.

### Competitive strengths
- Certified to ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 standards.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/geship
Markdown representation: https://faxioms.com/stocks/geship?render=md