GE Shipping surges on renewed buying interest

DALAL STREET SPIKES

Great Eastern (GE) Shipping Company surged 8.03 per cent to Rs 424.95. The stock opened at Rs 400 and made an intra-day low of Rs 393 and high of 428.

The scrip topped the gainers list in BSE's A group shares. The stock recouped its earlier losses and recovered 6.57 per cent in the last one week.

The total volumes traded were 1.63 lakh shares as against the two week average quantity of 1.16 lakh shares. The stock had a 52 week high of Rs 572 on 31 December 2007.