GE Shipping Company rose 1.1% to Rs 230.50 at 15:18 IST on BSE as consolidated net profit jumped 69.88% to Rs 537.76 crore on 5.17% rise in total revenue to Rs 3400.45 crore in the year ended March 2013 over the year ended 31 March 2012.
The company announced the results during market hours today, 6 May 2013.
Meanwhile, the BSE Sensex was up 87.91 points, or 0.45%, to 19,663.55.
On BSE, 1.38 lakh shares were traded in the counter as against an average daily volume of 12,482 shares in the past one quarter.
The stock hit a high of Rs 232.70 and a low of Rs 219.10 so far during the day. The stock had hit a 52-week high of Rs 291.50 on 19 December 2012. The stock had hit a 52-week low of Rs 204.10 on 23 April 2013.
The stock had underperformed the market over the past one month till 3 May 2013, falling 1.85% compared with the Sensex's 4.12% rise. The scrip had also underperformed the market in past one quarter, sliding 4.74% as against Sensex's 1.04% fall.
The mid-cap shipping firm has an equity capital of Rs 152.32. crore. Face value per share is Rs 10.
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